TAIEX Hits Near 4-Week High
TAIEX advances 0.9% to 45,518, its highest level since July 16
9%, to close at 45,518 on Wednesday, extending gains for the third consecutive session, mainly buoyed by electronic technology, technology services, and producer manufacturing. The broader index lingered at its highest level since July 16, as traders capitalized on the upward momentum in the tech sector. 6% gain a day earlier. 8%.
Meanwhile, Accton Technology Corp. 2%, respectively. However, a decline on Wall Street overnight limited gains, as rising oil prices raised questions about the Fed's monetary policy at its upcoming meeting, while traders awaited the release of US inflation data later today.