Taiwan News
Date: 2016-07-26
By: Central News Agency

Shares in Taiwan were back to above the 9,000-point mark Tuesday on late gains in the electronics sector after falling below the level Monday.

The weighted index on the Taiwan Stock Exchange (TWSE) ended up 33.12 points, or 0.37 percent, at the day’s high of 9,024.79 on Tuesday on turnover of NT$75.71 billion (US$2.36 billion).

The rise was apparently driven by the strong performance of large-cap electronics stocks and financial sector shares late in the trading session, dealers said.

The weighted index closed below 9,000 points on Monday, the first time it finished below the threshold since July 15. The latest run of six closes above the 9,000-point mark in seven sessions hasn’t been seen since July 2015.

Market sentiment remained cautious and showings of Apple-related stocks were mixed as investors wait with anticipation for Apple Inc.’s latest quarterly results to be released on Wednesday, dealers said.     [FULL  STORY]