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Taiwan: Stocks hit over 15-month high; TSMC leads

Thursday, October 20, 2016 - 11:38

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[TAIPEI] Taiwan stocks hit their highest in more than 15 months on Thursday aided by foreign investor buying in heavyweights such as Taiwan Semiconductor Manufacturing Co (TSMC).

As of 0304 GMT, the main Taiex index was up 0.4 per cent at 9,322.19, highest since July 7, 2015.

The electronics subindex climbed as much as 0.03 per cent, while the financials subindex gained as much as 0.2 per cent.

TSMC, the world's biggest contract chip maker and one of the most traded shares by foreign investors this year, was up 0.3 per cent.

The Taiwan dollar firmed NT$0.002 to NT$31.516 per US dollar.

REUTERS

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