Taiwan: Stocks rise; TSMC leads heavyweights higher

Published Mon, Aug 1, 2016 · 03:00 AM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    [TAIPEI] Taiwan stocks rose on Monday, with heavyweight TSMC leading technology shares higher.

    As of 0246 GMT, the main Taiex index rose 0.8 per cent to 9,056.85, outpacing some other regional bourses.

    It ended down 1 per cent at 8,984.41 in the prior session.

    Taiwan Semiconductor Manufacturing Co (TSMC), the world's top contract chip maker, jumped 2.3 per cent, lifting the electronics subindex 1.1 per cent higher.

    The financials subindex gained 0.5 per cent.

    The Taiwan dollar firmed NT$0.15 to NT$31.776 per US dollar.

    DECODING ASIA

    Navigate Asia in
    a new global order

    Get the insights delivered to your inbox.

    REUTERS

    Share with us your feedback on BT's products and services