Taiwan stocks close at five-week high

Posted by 7Star Wednesday, March 3, 2010

Taiwan stocks rose 0.26 percent to a five-week closing high on Tuesday, helped by gains tech firms such as Compal Electronics on demand hopes, but gains were muted by concerns over global economic health. Shares worth T$95.7 billion ($3 billion) changed hands versus about T$100 billion in previous session, indicating some caution among investors about the market's momentum after its 2 percent gain on Monday.

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