By: Tien Yu-bin and Ted Chen
The market closed 1 point above the 52-week average, on turnover of NT$90.87. billion.
Despite misgivings, investors saw the tumble of the weighted index to its 52-week average as an opportunity to buy low.
Analysts said a major rally would require a daily turnover of more than NT$100 billion, and that the index is expected to continue to fluctuate between between 9,170 and 9,350 points in the short term. [FULL STORY]