Taiwan shares close up 0.79% on strength of optoelectronics

Focus Taiwan
Date: 2017/08/24
By: Pan Chi-i and Evelyn Kao

Taipei, Aug. 24 (CNA) Shares in Taiwan closed 0.79 percent higher Thursday, close to the 10,500-point mark, despite a drop on Wall Street overnight after U.S. President Donald Trump threated to shut down the government if Congress failed to fund a Mexico border wall.

The Taiwan Stock Exchange’s main index opened up 7.85 points at 10,414.66 and moved higher, closing up 82.15 points at the day’s high of 10,488.96. Turnover totaled NT$116.846 billion (US$3.94 billion) during the session.

All the major stock categories gained ground, with paper and pulp stocks showing the biggest rise of 2.8 percent, followed by foodstuff issues, which gained 1.87 percent.    [FULL  STORY]

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