Focus Taiwan
Date: 2018/11/28
By: Frances Huang
Taipei, Nov. 28 (CNA) Shares in Taiwan rose by more than 1 percent on Wednesday,
CNA file photo
pushed higher by support for the bellwether electronics sector.
Buying was also sparked by gains seen on other regional markets, including in Shanghai and Hong Kong, amid optimism that U.S. President Donald Trump and his Chinese counterpart Xi Jinping will make progress on resolving the U.S.-China trade dispute at the upcoming G20 summit, dealers said.
The weighted index on the Taiwan Stock Exchange (TWSE), the Taiex, ended up 105.69 points, or 1.08 percent, at 9,884.31, after moving between 9,767.14 and 9,890.89, on turnover of NT$126.84 billion (US$4.10 billion).
The market opened down 4.59 points and moved within a narrow range for most of the morning before buying interest emerged around noon and picked up in the afternoon, dealers said. [FULL STORY]
