Taiwan: Stocks edge up; investors cautious ahead of global events
Add BT as a preferred source
[TAIPEI] Taiwan stocks ended slightly higher on Thursday, but gains were limited as caution prevailed ahead of global events including the UK elections, a policy meeting of the European Central Bank and congressional testimony by former FBI director James Comey.
The main Taiex index rose 0.2 per cent to close at 10,226.78, after ending nearly unchanged on Wednesday.
The index is hovering around multi-year highs, and will be at intraday levels not seen in 27 years if it breaches 10,393 points.
The electronics subindex rose 0.4 per cent, while the financials subindex settled 0.2 per cent higher.
The Taiwan dollar was at around NT$30.098 to the US dollar ahead of early afternoon trade, slightly weaker than its previous session close of NT$30.095.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Singapore should anchor hedge fund decision-makers amid regional talent war: industry observers
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
