Stocks rose for the first day in four. Exporters such as Asustek Computer Inc (
"It's a relief that Hurricane Rita didn't do as much damage as expected," said Charles Chen, who manages the equivalent of US$150 million at JF Asset Management Taiwan.
Mega Financial Holding Co (
The TAIEX advanced 4.66, or 0.1 percent, to close at 5,930.20, after falling as much as 0.5 percent. About five stocks rose for every six that declined.
Asustek Computer, the nation's largest maker of boards that connect the chips in personal computers, gained NT$2.20, or 2.6 percent, to NT$88.50.
AU Optronics, the world's third-largest maker of flat-panel displays used in computers and televisions, gained US$0.80, or 2 percent, to NT$41.30.
Crude oil for November delivery fell as much as 2.4 percent to US$62.65 a barrel in after-hours electronic trading on the New York Mercantile Exchange.
Refineries near Houston escaped a direct hit from Hurricane Rita, easing concern that storm damage will cripple the industry's ability to meet fuel demand.
The government may review its financial industry reform plans after failing to sell state-controlled Taiwan Business Bank (