The China Post
Date: August 26, 2016
By: CNA

TAIPEI — Shares in Taiwan closed above the 9,100-point mark Thursday as the electronics and financial sectors rebounded from the recent sessions, dealers said.

However, turnover remained thin with many investors taking to the sidelines, waiting for more clues about the U.S. Federal Reserve’s monetary policy ahead of a speech by Fed Chair Janet Yellen at the upcoming annual central bankers’ meeting, dealers said.

The weighted index on the Taiwan Stock Exchange ended up 98.09 points, or 1.09 percent, at the day’s high of 9,115.47, off an early low of 9,031.34. Turnover totaled NT$76.17 billion (US$2.40 billion) during the session.

The market opened up 0.19 percent on a technical rebound as investors shrugged off a decline on Wall Street, where the Dow Jones Industrial Average fell 0.35 percent and the S&P 500 index lost 0.52 percent overnight, dealers said.     [FULL  STORY]