Taiwan shares feed off Wall Street rally, end above 8,900 points

  • 29 October, 2014
  • Editor

Shares in Taiwan extended their momentum Wednesday to end above the 8,900-point mark as investors responded to a rally on Wall Street overnight by buying into local stocks.

The bellwether electronics sector continued to gain ground, led by high-tech blue chips such as PC vendor Asustek Computer Inc., and financial stocks attracted buying on hopes that more measures boosting cross-Taiwan Strait financial exchanges are in the offing.

The weighted index on the Taiwan Stock Exchange closed up 130.13 points, or 1.48%, at the day's high of 8,903.68.

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