Taiwan News
Date: 2016-09-21
By: Central News Agency

Investors in Taiwan’s stock market largely stayed on the sidelines Wednesday as they awaited decisions by central banks in Japan and the United States on whether they would adjust interest rates.

The market’s weighted index fluctuated early in the trading session, but large-cap electronics and financial stocks rebounded later in the session to push the index above 9,200 points.

The Taiex closed up 66.92 points, or 0.73 percent, at 9,228.50 on relatively low turnover of NT$70.93 billion (US$2.25 billion).

Stocks in old economy sectors such as cement, food, plastics and chemicals, pharmaceuticals and retailing rose as trading got underway but they could not sustain their early momentum.     [FULL  STORY]