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Taiwan: Stocks edge up; investors cautious ahead of global events

Thursday, June 8, 2017 - 14:30

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[TAIPEI] Taiwan stocks ended slightly higher on Thursday, but gains were limited as caution prevailed ahead of global events including the UK elections, a policy meeting of the European Central Bank and congressional testimony by former FBI director James Comey.

The main Taiex index rose 0.2 per cent to close at 10,226.78, after ending nearly unchanged on Wednesday.

The index is hovering around multi-year highs, and will be at intraday levels not seen in 27 years if it breaches 10,393 points.

The electronics subindex rose 0.4 per cent, while the financials subindex settled 0.2 per cent higher.

The Taiwan dollar was at around NT$30.098 to the US dollar ahead of early afternoon trade, slightly weaker than its previous session close of NT$30.095.

REUTERS

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