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Taiwan: Stocks rise tracking Wall Street, regional peers

37328523.1 (37328714) - 29_01_2016 - CHINA-STOCKS_CLOSE.jpg

[TAIPEI] Taiwan stocks rose on Tuesday, led by technology and financial shares, tracking an overnight Wall Street rally and gains in other regional bourses.

As of 1:07 GMT, the main TAIEX index was up 0.3 per cent at 8,354.25, after closing 0.02 per cent higher at 8,326.68 in the previous session.

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

The Taiwan dollar firmed T$0.368 to T$33.199 per US dollar.

Asian shares rose to a seven-week high as investors took heart from signs of life in battered energy and commodity markets while European currencies are hampered by worries Britain could exit the European Union.