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Taiwan: Stocks edge up with heavyweights leading gains

Tuesday, May 23, 2017 - 10:03

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[TAIPEI] Taiwan stocks inched up on Tuesday, led by heavyweights including Taiwan Semiconductor Manufacturing Co Ltd (TSMC), though gains were capped by worries after British police said they were treating an explosion in Manchester as a possible terrorist attack.

As of 0127 GMT, the main Taiex index was up 0.1 per cent at 10,007.04, after closing 0.5 per cent higher in the previous session.

The electronics subindex rose 0.2 per cent, while the financials subindex dropped 0.1 per cent.

TSMC, the world's biggest contract chip maker, added 0.2 per cent.

The Taiwan dollar firmed NT$0.025 to NT$30.027 per US dollar.

At least 10 people are believed to have died after a reported blast at a concert venue in the northern English city of Manchester, which police are treating as a possible terrorist incident, the BBC reported.

REUTERS

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