REUTERS Taiwan stocks bounce off 1-mth low as techs rise [DKJMHLW]
TAIPEI, June 17 (Reuters) - Taiwan stocks rebounded from the
last session's one-month low on Thursday as investors set aside
concerns over lurking bad corporate debt and hunted for
technology sector bargains.
The TAIEX <.TWII> share index was up a provisional 1.99
percent at the 0530 GMT closing bell before finally ending with a
gain of 104.19 points, or 1.87 percent, to 5,664.35.
The electronics subindex <.TELI> was among the
best-performing sectors with a 2.25 percent rise as battered
heavyweights like AU Optronics <2409.TW> and Taiwan Semiconductor
Manufacturing Co (TSMC) <2330.TW> lit up the active list.
Top contract microchip maker TSMC, which has tumbled nearly
30 percent from September highs despite posting record revenues
for the past two months and the best profit margins in four
years, added 1.84 percent to close at T$44.30.
(US$1 = T$33.7)
((Reporting by Michael Kramer, editing by Kirby Chien;
michael.kramer@reuters.com; Reuters Messaging:
michael.kramer.reuters.com@reuters.net; +886 2 2508-0815))
