8Sep
38839271-24_06_2016-china-stocks

Taiwan: Stocks flat, hover at 14-month highs

  • Taiwan stocks stayed flat near 14-month highs on Thursday, in line with other overseas markets, with TSMC and other suppliers of Apple Inc remaining little changed following the launch of new iPhones.
  • As of 0343 GMT, the main Taiex index was up 7 points at 9,266.63, after hitting its highest intraday level in 14 months in the prior session.
  • The electronics subindex was nearly flat, while the financials subindex gained 0.2 per cent.
  • Taiwan Semiconductor Manufacturing Co (TSMC), an Apple supplier and the world’s biggest contract chip maker, was trading flat.
  • The Taiwan dollar softened NT$0.043 to NT$31.283 per US dollar.

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