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Taiwan shares end slightly higher after giving up earlier gains
02/03/2021 04:54 PM
CNA file photo
Taipei, Feb. 3 (CNA) Shares in Taiwan closed slightly higher Wednesday as investors locked in their earlier gains ahead of the upcoming long Lunar New Year holiday, dealers said.
As the bellwether electronics sector took a pause after a strong showing in the past two trading sessions, buying rotated to select old economy and financial stocks, preventing the broader market from falling into negative territory by the end of the session, they said.
The weighted index on the Taiwan Stock Exchange (TWSE), or the Taiex ended up 11.27 points, or 0.07 percent, at 15,771.32, after moving between 15,741.16 and 15,896.40, on turnover of NT$275.78 billion (US$9.86 billion).