Taiwan: Stocks up before holidays; techs jump

[TAIPEI] Taiwan stocks rose along with other regional bourses on Wednesday, but gains may be short-lived as investors stayed cautious ahead of the New Year holidays.

As of 1:30 GMT, the main TAIEX index was up 0.5 per cent at 8,334.26, after closing at 8,293.91 in the previous session.

The electronics subindex added 0.3 per cent, while the financials subindex inched up 0.1 per cent.

Among the most actively traded stocks, flat panel maker AU Optronics jumped 0.9 per cent and bigger rival Innolux added 1.5 per cent.

The Taiwan dollar firmed T$0.223 to T$32.812 per U.S. dollar.

REUTERS