Taiwan shares soar as TSMC moves closer to NT$ 1,000 mark

Taipei [Taiwan], May 14 (ANI): Shares in Taiwan closed more than 450 points higher Wednesday, led by gains in contract chipmaker TSMC, which neared the New Taiwan Dollar 1,000 (USD 33.08) mark following an overnight rally in US tech stocks, Central News Agency Taiwan reported, quoting dealers.

The Taiex, the weighted index on the Taiwan Stock Exchange, closed up 452.73 points, or 2.12 percent, at the day’s high of 21,782.87, after dipping to a low of 21,552.42. Turnover totaled New Taiwan Dollar 409.333 billion.