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Taiwan: Stocks rise to near 3-week high; techs up

Tuesday, November 29, 2016 - 12:38

[TAIPEI] Taiwan stocks rose for a third straight session on Tuesday and hit an almost three-week high, helped by technology heavyweights such as Taiwan Semiconductor Manufacturing Co (TSMC) and Hon Hai Precision Industry .

As of 0410 GMT, the main Taiex index was up 0.2 per cent at 9,243.12 after closing 0.7 per cent higher in the previous session.

The electronics subindex rose 0.5 per cent, while the financials subindex dropped 0.3 per cent.

TSMC, the world's top contract chip maker, was up 0.3 per cent. Hon Hai, a major Apple Inc supplier, jumped 1.4 per cent.

The Taiwan dollar firmed NT$0.011 to NT$31.791 per US dollar.

REUTERS