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Taiwan share prices close higher

Taiwan share prices close higher

Taipei, April 23 (CNA) Taiwan's share prices closed higher Friday with the weighted index, the market's key barometer, moving up 26.2 points, or 0.32 percent, to close at 8,004.89.

The local bourse opened at 8,021.71 and fluctuated between a low of 7,996.77 and a high of 8,030.11 during the day's trading. Market turnover totaled NT$124.49 billion (US$3.97 billion).
Four of the eight major stock categories gained ground, with paper and pulp issues gaining the most at 1.04 percent. Foodstuff shares rose 0.58 percent, machinery and electronics issues advanced 0.54 percent and financial and banking stocks moved up 0.13 percent.

The other four major stock categories lost ground, with cement issues dropping the most at 0.49 percent, followed by textile issues, which moved down 0.4 percent. Construction shares fell 0.34 percent and plastics and chemicals were down 0.27 percent.

Gainers outnumbered losers 1,794 to 1,282, with 353 remaining unchanged.

Foreign investors and Chinese QDIIs were net buyers of NT$3.99 billion-worth of shares.
(By Olivia Wang)