Taiwan shares close up 0.77%
Taiwan's stock market finished the week higher, a mild positive for investors even as confidence in stocks softens.
- The Taipei benchmark index rose 0.77% on Friday to close near 46,300.
- Trading was heavy, with turnover above NT$1 trillion for the day.
- A new consumer survey showed overall confidence improving slightly, but faith in the stock market weakening.
- A fire at a Taoyuan plant had little effect on chipmaker VIS's operations, limiting any drag on tech shares.
Outlook: The market looks steady in the near term, though shaky confidence in stocks could cap further gains.