Focus Taiwan
Date: 2018/11/01
By: Han Ting-ting and Evelyn Kao
Taipei, Nov. 1 (CNA) Shares in Taiwan continued an upward trend for the fourth consecutive session Thursday to end above 9,800 points as investors moved in to pick up shares in the bellwether electronics sector.
The weighted index on the Taiwan Stock Exchange (TWSE), or Taiex, closed up 42.61 points, or 0.43 percent, at 9,844.74, after moving between 9,742.61 and 9,869.59. Turnover totaled NT$127.53 billion (US$4.13 billion).
The market opened up 10.07 points at 9,812.20 but soon fell below the 9,800-point mark before buying emerged that was focused on silicon wafer and passive component stocks and shares of Apple suppliers.
The buying was triggered by gains posted in the United States and in other Asian markets. [FULL STORY]