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Taiwan shares end above 8,400 points

Taiwan shares end above 8,400 points

Shares in Taiwan moved higher to close above the 8,400-point mark Monday following a rebound on Wall Street on Friday, dealers said.

The weighted index on the Taiwan Stock Exchange closed up 55.67 points, or 0.66 percent, at 8,454.27, after moving between 8,432.47 and 8,535.36, on turnover of NT$87.62 billion (US$2.68 billion).

The bellwether electronics sector finished up 0.99 percent, the semiconductor sector closed up 1.77 percent, and the computer sector was up 1.19 percent.

Taiwan Semiconductor Manufacturing Co., the most heavily weighted stock on the local market, rose 2.14 percent to close at NT$143.5.

Largan Precision Co., the most expensive stock in Taiwan, fell 5.34 percent to end at NT$2,395.

Foreign institutional investors bought a net NT$6.16 billion in local shares Monday. (By Tien Yu-pin and Y.F. Low)

Updated : 2021-09-17 03:22 GMT+08:00