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Taiwan Business Quick Take TAIEX up 0.37 percent The TAIEX yesterday closed higher, but came off an earlier high as investors locked in profits ahead of stiff technical resistance at about 16,000 points. Large-cap semiconductor stocks saw more obvious profit-taking during the session, while buying continued to rotate to the old economy and financial sectors to give the broader market a boost, dealers said. The TAIEX closed up 58.58 points, or 0.37 percent, at 15,911.67, on turnover of NT$260.011 billion (US$9.18 billion). Despite the gains in the TAIEX, foreign institutional investors sold a net NT$3.82 billion of shares, Taiwan Stock Exchange data showed. SEMICONDUCTORS TSMC posts February record

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