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Taiwan share price index jumps 209 points.
(From China Post)
The general share price index on the Taiwan Stock Exchange (TAIEX) soared 209.05 points to close at 6,787.03 with turnover of NT$174.79 billion yesterday in spite of continuous massive selling of foreign investors.
Analysts said the recovery of the U.S. stock market and the diminishing political uncertainties from the imminent Taiwan presidential election were among the major factors for the surge.
Foreign institutional investors net-sold NT$11.9 billion worth of stocks, the seventh net-selling session in a row.
Some analysts said foreign capital will soon return to the market after taking profit-taking in recent ...
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