Shares ended little changed on Friday, with volume dropping to a seven-month low on political concerns.
The TAIEX closed up 3.51 points, or 0.06 percent, at 5,857.21. Gainers outnumbered decliners 392 to 315, with 236 unchanged.
Trading totaled NT$44.70 billion (US$1.31 billion), the lowest level since May 22, when volume reached NT$38.78 billion (US$1.13 billion).
In Thursday's session, trading amounted to NT$52.92 billion (US$1.55 billion).
Many investors were still on holiday, while others remained sidelined on concerns political infighting in Taiwan may continue in the run-up to the March presidential election.
"Who knows what our president will do before the election. This is why there isn't much buying," said Jack Shih, assistant vice president at Daiwa Securities SMBC-Cathay.
Selling pressure wasn't heavy either, amid the upbeat economic outlook for next year. The Taiwan government has an economic growth target of 5 percent next year, compared with a 3.15 percent forecast for this year.
Jih Sun Securities Investment (
Goldsun Development & Construction Co (
Chien Shing Stainless Steel Co (
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SECURITY WARNING: The company possesses key 3-nanometer technology, and Taiwan should prevent it from being transferred to China, a lawmaker said The Ministry of Economic Affairs yesterday said it would conduct a “strict review” of any proposed acquisition of Taiwanese tech company Source Photonics Co (索爾思光電), following media reports that a Chinese firm was planning to buy the company in the Hsinchu Science Park (新竹科學園區). Local media reported that Suzhou Dongshan Precision Manufacturing Co (東山精密), China’s largest printed circuit board manufacturer, had announced plans to acquire Source Photonics for 5.9 billion yuan (US$823.1 million). The ministry said it has not received an application from Source Photonics and has formally notified the company that any buyout would constitute a change in its ownership structure. The
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