TAIEX up slightly as interest in tech sector declines
Staff writer, with CNA
Shares in Taiwan moved into consolidation mode yesterday, closing slightly higher after a lackluster overnight performance by US markets.
The TAIEX closed up 48.02 points, or 0.29 percent, at 16,643.69, on turnover of NT$425.761 billion (US$15.3 billion), Taiwan Stock Exchange data showed.
Foreign institutional investors bought a net NT$1.95 billion of shares after a net sell of NT$1.18 billion the previous day.
A person walks past an electronic stock board at a brokerage firm in Taipei in an undated photograph. The TAIEX closed up 48.02 points, or 0.29 percent, at 16,643.69 yesterday as the stock market moved into consolidation mode.