Shares ended moderately higher yesterday on renewed strength in technology stocks.
The TAIEX finished up 11.70 points, or 0.2 percent, at 6,204.23. Decliners outnumbered advancers 511 to 354, while 142 issues ended the day unchanged.
Taiwan Semiconductor Manu-facturing Co (台積電) ended up 1.0 percent at NT$52.50, partly countering its 1.9 percent decline on Thursday on lackluster monthly revenue figures. United Microelectronics Corp (聯電) rose 0.8 percent to NT$20.10.
Shares of flat-panel makers gained on news that Taiwanese makers of liquid-crystal-display (LCD) screens are set to raise the price of 17-inch LCD screens by between US$2 and US$3 a screen, in step with similar moves by South Korean competitors.
Chunghwa Picture Tubes (中華映管) rose 3.1 percent to NT$13.40, but AU Optronics Corp (友達光電) closed flat at NT$45.70.
Shares in High Tech Computer Corp (宏達電子) soared 7 percent, the daily maximum, to NT$215 after the handset maker reported strong revenue for February.
However, yesterday's gains were limited by weakness in transportation and tourism shares on renewed tension because of Beijing's planned "anti-secession" bill.
Analysts said the bill would dampen progress toward direct cargo transport.
Evergreen Marine Corp (
Daniel Testing, an analyst at Futon Securities Investment Services, said traders were reluctant to make big bets in the market pending political developments.
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