Eurozone woes sap TAIEX

The TAIEX fell below the 7,700 point mark Wednesday as turnover shrank further amid lingering concerns over debt problems in the eurozone, dealers said.

Worries about financially struggling Spain increased after Taiwan’s prime minister denied overnight that a request for European aid would be made any time soon amid rising protests against further austerity measures, they said.

The weighted index closed down 34.05 points, or 0.44 percent, at 7,684.63, after moving between 7,680.98 and 7,727.53, on turnover of NT$56.25 billion (US$1.92 billion).