■ Shares rise to six-year high
Shares rose 1.25 percent to a six-year high yesterday, supported by overnight gains on Wall Street and strong foreign investor interest in the technology stocks, dealers said.
The TAIEX closed up 93.53 points at 7,567.72, the high for the day, on turnover of NT$125.17 billion (US$3.85 billion).
The previous high was recorded at 7,616 points on Aug. 31, 2000.
Risers led decliners 896 to 308, with 183 stocks unchanged.
■ Carlyle turns to banks for funds
Carlyle Group is planning to borrow US$4 billion to fund the leveraged buyout of Advanced Semiconductor Engineering Inc (日月光), three sources with knowledge of the deal said.
JPMorgan Chase & Co and Citigroup Inc are among banks that Carlyle has approached, said the sources, who declined to be identified before the takeover agreement is signed.
Dorothy Lee, the Hong Kong-based spokeswoman for Carlyle, said the buyout firm hasn't appointed banks for the financing.
■ NT dollar up
The New Taiwan dollar rose to a four-and-a-half month high yesterday against the US dollar, due to continued foreign capital inflows and month-end demand from exporters, traders said.
Such gains may be limited by concerns that the central bank will sell to stem its appreciation.
The local currency advanced NT$0.068 to close at NT$32.432 on the Taipei Forex Inc, on turnover of US$1.502 billion.
Foreign investors purchased a net total of NT$12.95 billion in Taiwanese stocks yesterday, statistics showed.
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