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Taiwan Shares Rebound 1.28% to 46,887.77 After Two Sessions of Losses

Trading value rose to NT$833.19 billion (US$25.54 billion), above Tuesday’s NT$758.68 billion.

Updated 1 min read
Investors check their phones outside a securities brokerage in Taipei. / EconoTimes.ai
Investors check their phones outside a securities brokerage in Taipei. / EconoTimes.ai

Taiwan shares rebounded Wednesday, rising 1.28% to 46,887.77 after two straight declines, with trading value also increasing from Tuesday, Central News Agency (CNA) reported.

The advance amounted to 594.84 points. Wednesday’s turnover reached NT$833.19 billion (US$25.54 billion), compared with NT$758.68 billion (US$23.35 billion) in the previous session.

Shares had finished Tuesday at 46,292.93, down 529.15 points, or 1.13%, CNA reported. EconoTimes covered that close in its earlier report on Tuesday’s trading.

Tuesday’s decline followed a 0.61% drop Monday, when shares closed at 46,822.08 on turnover of NT$825.10 billion (US$25.43 billion), according to CNA. Wednesday’s close exceeded both earlier closing levels, while trading value was higher than on either day.

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