Taiwan stocks higher tracking overseas markets

CTBC Financial Holding Co

28/12/2016 04:10

TAIPEI, Dec 28 (Reuters) - Taiwan stocks gained on 
Wednesday, tracking overseas markets and led by electronics and 
financials stocks. 
    As of 0355 GMT, the main TAIEX index  .TWII  rose 0.9 
percent to 9,191.91 points after closing mostly flat in the 
previous session at 9,109.27. The index had posted more losing 
sessions than winning sessions in the past two weeks. 
    Traders said the index could slide back to 8,900 if it 
couldn't stay above 9,130, a key level, by the end of the week.  
    The electronics subindex  .TELI  rose 0.9 percent, while the 
financials subindex  .TFNI  gained 0.8 percent.  
    Among actively traded shares, display makers Innolux 
 3481.TW  and Hannstar Display  6116.TW  rose 1.3 percent and 
nearly 9 percent, respectively.  
    Financial giant CTBC Financial Holding  2891.TW  was up 0.6 
percent, while Shin Kong Financial Holding  2888.TW  was 0.9 
percent higher.  
    The Taiwan dollar  TWD=TP  softened T$0.007 to T$32.288 per 
U.S. dollar.   
 
 (Reporting by J.R. Wu; Editing by Amrutha Gayathri) 
 ((jr.wu@thomsonreuters.com; +886 2 2500 4881; Reuters 
Messaging: jr.wu.thomsonreuters.com@reuters.net)) 
 
Keywords: TAIWAN STOCKS/