Taiwan: Stocks rise along with other Asian markets

[TAIPEI] Taiwan stocks rose on Wednesday, joining others in Asia in moving off recent lows.

As of 0346 GMT, the main Taiex index was up 0.9 per cent, to 9,011.23 points. On Tuesday, it closed at 8,931.03 points, down 0.1 per cent.

The electronics subindex rose 1.1 per cent, while the financials subindex gained 0.6 per cent.

TSMC, the world's biggest contract chip maker, climbed 1.4 per cent.

The Taiwan dollar firmed NT$0.1 to NT$31.770 per US dollar.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.7 per cent in morning trade on Wednesday, bouncing back from a four-month low touched the previous day.

REUTERS