The TAIEX on Friday closed up 23.92 points, or 0.2 percent, at 11,815.70, after moving between 11,788.87 and 11,840.79. As buying on the local main board accelerated, the TAIEX edged past 11,800 points, reaching close to 11,900 at one point, they said. Driven by ample liquidity, the uptrend continued until profit-taking emerged, which offset the gains to some extent by the end of the session, they added. Although the gains of some tech heavyweights such as Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) petered out, interest in certain electronic component stocks remained solid, helping the tech sector steam ahead, Huang said. Among the the large tech stocks that failed to sustain their earlier gains, TSMC, the most heavily weighted stock on the local market, closed unchanged at NT$335 after hitting a high of NT$337.

Source: Taipei Times February 15, 2020 15:56 UTC