Shares in Taiwan extended their momentum Wednesday to end above the 8,900-point mark as investors responded to a rally on Wall Street overnight by buying into local stocks.
The bellwether electronics sector continued to gain ground, led by high-tech blue chips such as PC vendor Asustek Computer Inc., and financial stocks attracted buying on hopes that more measures boosting cross-Taiwan Strait financial exchanges are in the offing.
The weighted index on the Taiwan Stock Exchange closed up 130.13 points, or 1.48%, at the day's high of 8,903.68.