The China Post
Date: October 14, 2017
By: Jackson Chang, Tien Yu-pin and Frances Huang
TAIPEI (CNA) – The local semiconductor sector served as a driver to the upturn in the
An man stares at an electronic board showing Taiwan share index in this file photo from Oct. 12, 2017. During the week to Oct. 13, the market cap of the local main board rose about NT$560.46 billion or 1.79 percent from a week earlier to NT$31.94 trillion, while the market cap of the semiconductor sector gained NT$473.5 billion, the data indicated. (CNA)
Taiwan Capitalization Weighted Stock Index on the main board this week, boosting the overall market capitalization by almost 1.8 percent, according to the Taiwan Stock Exchange (TWSE).
Contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the most heavily weighted stock in the local equity market, steamed ahead and led the gains of the semiconductor sector amid optimism toward the company’s outlook due to its lead over its peers in high-end technology development, data compiled by the TWSE showed.
During the week to Oct. 13, the market cap of the local main board rose about NT$560.46 billion or 1.79 percent from a week earlier to NT$31.94 trillion (US$1.06 trillion), while the market cap of the semiconductor sector gained NT$473.5 billion, the data indicated. [FULL STORY]
