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Taiwan: Stocks rise in line with Asia; TSMC jumps

Wednesday, October 19, 2016 - 13:27

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[TAIPEI] Taiwan stocks rose on Wednesday tracking broader Asian markets and led by technology stocks such as Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's top contract chipmaker.

The main Taiex index rose 0.7 per cent to 9,288.49 points as of 0446 GMT after closing higher at 9,222.58 in the previous session.

The electronics subindex rose 0.6 per cent, while the financials subindex gained 0.2 per cent.

TSMC, Taiwan's most heavily weighted share, jumped 1.3 per cent.

The Taiwan dollar firmed NT$0.201 to NT$31.468 per US dollar.

REUTERS

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