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Taiwan stocks rally to fresh 17-year highs
June 20, 2017 / 2:59 AM / 3 months ago

Taiwan stocks rally to fresh 17-year highs

    TAIPEI, June 20 (Reuters) - Taiwan stocks rose to fresh
highs not seen in 17 years on Tuesday, helped by technology
shares and tracking gains in overseas markets.
    As of 0240 GMT, the main TAIEX index         rose 0.8
percent to 10,332.25.
    It was the highest level for the main index since it touched
10,328.98 on April 6, 2000.
    The index closed 0.9 percent higher in the previous session.
    The milestone comes after regional stocks rallied following
a rebound in U.S. hi-tech shares as investors bet on solid
growth in the economy and corporate profits globally.
    The electronics subindex         rose 1.3 percent.

 (Reporting by J.R. Wu; Editing by Gopakumar Warrier)

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