Taipei, March 23 (CNA) Shares in Taiwan moved higher Wednesday as the bellwether electronics sector bounced back in the wake of gains posted by tech stocks on the U.S. markets overnight, dealers said.
Taipei, March 21 (CNA) Shares in Taiwan moved higher Monday as investors took cues from a rally in the U.S. markets at the end of last week, but the gains were capped, dealers said.
Taipei, March 14 (CNA) Shares in Taiwan closed flat Monday after giving up earlier gains as the bellwether electronics sector came under pressure dragging down the broader market, dealers said.
Taipei, March 11 (CNA) Shares in Taiwan slid Friday, hurt by growing worries over inflation after the United States reported a 7.9 percent increase in its consumer price index in February, the highest in 40 years, dealers said.
Shares in Taiwan yesterday bounced back from a recent slump, although market sentiment continued to be affected by the military conflict between Russia and Ukraine, dealers said.
Bargain hunting took place across the board, especially in the bellwether electronics sector and old economy stocks, such as the shipping and steel industries, which pushed the local main board back above 17,000, dealers said.
The TAIEX closed up 190.11 points, or 1.13 percent, at 17,015.36, after moving between 16,944.08 and 17,072.74.
Turnover totaled NT$316.107 billion (US$11.117 billion), with foreign institutional investors selling a net NT$31.82 billion of shares after a net sell of NT$46.12 billion