The Taiwan stock market has moved lower in two of three sessions since the end of the three-day winning streak in which it had picked up more than 200 points or 2 percent. The Taiwan Stock Exchange now rests just beneath the 9,720-point plateau and it's expected to remain rangebound again on Wednesday.
The global forecast for the Asian markets is mixed to higher, due mainly to bargain hunting after heavy losses in recent sessions. The European markets were down and the U.S. bourses were up and the Asian markets are tipped to follow the latter lead.
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