Taiwan shares end up, backed by electronics, financial stocksTAIPEI -- Shares in Taiwan closed 0.69 percent higher on Monday, rising above the 9,200 benchmark on the strength of the bellwether electronics sector and financial shares, dealers said. The local market was also boosted by a rising New Taiwan dollar and record highs for key stock indexes on Wall Street on Black Friday, thanks to gains in consumer staples and technology shares, dealers said. The weighted index on the Taiwan Stock Exchange (TWSE) ended the day up 63.17 points, or 0.69 percent, at 9,222.24, close to the previous high of 9,252 after the U.S. presidential election. The local bourse is expected to challenge the previous high if the global stock market remains stable, dealers said. US Dollar Closes Loweron Taipei ForexThe U.S. dollar fell against the New Taiwan dollar Monday, losing NT$0.140 to close at NT$31.802.

Source: The China Post November 28, 2016 18:32 UTC