Taiwan shares edge higher as semiconductor sector weakens

Focus Taiwan
Date: 2015/05/04
By: Lo Hsiu-wen and Ted Chen

Taipei, May 4 (CNA) Shares in Taiwan closed up 24.99 points, or 0.25 percent, at 9,845.04 Monday on turnover of NT$98.22 billion (US$3.20 billion) amid growing volatility.

Propelled by rallies in the U.S. market last Friday, the benchmark Taiex opened 34.17 points higher shortly after the opening bell.

The early momentum began dissipating, however, as semiconductor sector shares slumped, bringing the weighted index down to its intra day low at 9,800.47.     [FULL  STORY]

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