Taiwan stocks up

06 Jan, 2016

Taiwan stocks rose slightly on Tuesday, reversing early losses, but buying could be short lived with regional bourses glum and volatility seen in Chinese shares after an early rout. Trading is likely to remain cautious ahead of key Taiwan data this week. As of 0139 GMT, the main TAIEX index was up 0.3 percent at 8,134.66, after closing down 2.7 percent in the previous session, its worst single-day loss in more than four months.
The electronics subindex rose 0.1 percent, while the financials subindex gained 0.2 percent. Shares in large-cap TSMC, the world's largest chipmaker which is due to issue its December sales figures on Friday, were off 0.7 percent in early trade.

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