Taiwan edition · Taiwanese equities
Plastics stocks lead weekly gains as the Taiex advances
The benchmark index rose 2 per cent over the past week despite declines in biotechnology and medical care shares.
Plastics stocks rose an average of 19 per cent across three companies over the past week, leading sector performance as the Taiex gained 2 per cent. Electronic parts and components producers followed with an average rise of 7.5 per cent across 20 companies.
Two sectors fell over the same period. Biotechnology and medical care shares dropped an average of 2.2 per cent across three companies, while six shipping and transportation companies slipped 0.8 per cent on average.
The Taiex finished at 49,313 on 8 October, leaving the benchmark up 4.2 per cent over the past month and 70 per cent year to date. During the 8 October session, the index fell 1 per cent as 92 of the 150 largest listed companies fell and 49 rose.