Taiwan shares close up 0.91%
Taiwan's stock market finished higher on Tuesday, a mild positive for investors as trading stayed busy.
- The main index gained 0.91%, closing above the 45,000 mark.
- Turnover was heavy, at nearly NT$700 billion (about US$22 billion), showing steady buying interest.
- Taiwan's market is dominated by chip and tech names, so gains here usually track global demand for semiconductors.
- In related business news, local firm GPPC teamed up with Japan's AWI to move into specialty materials for chipmaking.
Outlook: With tech demand still driving the market, Taiwan shares are likely to keep taking their cue from global chip sentiment.