Taiwan stocks rose on Thursday, tracking overseas shares and ahead of a holiday week-end at home.

As of 0232 GMT, the main TAIEX index was up 1.14 per cent at 9615.84, after closing down 0.82 per cent on Wednesday.

The gains were broad-based, with the electronics sub-index gaining 1.4 per cent and the financial sub-index 1.02 per cent higher.

The Taiwan dollar was up T$0.103 to stand at T$31.259 to the US dollar.

Taiwan’s financial markets will be shut from Friday through Monday for the Children’s Day and Tombsweeping Day holidays. The markets will reopen on April 7.

comment COMMENT NOW