Taiwan: Stocks slightly higher, caution ahead of weekend

[TAIPEI] Taiwan stocks were slightly up, but gains were limited as caution prevailed ahead of the weekend.

The main TAIEX index was up nearly 0.1 per cent at 8,302.94 by 0221 GMT, after closing 1.4 per cent higher in the previous session.

Local activity also was following tepid performance in overseas markets.

The electronics subindex fell nearly 0.1 per cent, while the financials subindex was mostly flat to lower.

Among actively traded shares, large-cap chipmaker TSMC was down 0.8 per cent and EVA Airways was off 1.8 per cent.

However, CTBC Financial was up 0.9 per cent, while display maker AU Optronics was ahead 1.9 per cent.

The Taiwan dollar firmed T$0.121 to T$32.959 per US dollar.

REUTERS