By: Frances Huang, Central News Agency
Shares in Taiwan closed slightly higher Monday amid thin turnover as investors remained reluctant to pick up stocks ahead of the upcoming four-day Dragon Boat Festival holiday, dealers said.
In addition, there have been growing concerns that foreign investors would move funds from Taiwan to China if Chinese stocks, known as A shares, are included in the MSCI Emerging Markets Index later this month, dealers said.
The weighted index on the Taiwan Stock Exchange closed up 5.54 points, or 0.06 percent, at 8,597.11, after moving between 8,557.68 and 8,664.12. Turnover totaled NT$61.03 billion (US$1.89 billion) during the session. [FULL STORY]