Taipei, Aug. 20 (CNA) Shares in Taiwan came off earlier highs to close slightly higher Tuesday amid caution ahead of the settlement of August futures contracts slated for Wednesday at a time when foreign institutional investors still held more short position contracts than long position ones in the futures market, dealers said.
Profit-taking emerged to cap the gains on the main board also because the benchmark index briefly breached the 60-day moving average of around 22,435 points and faced stiff technical resistance, dealers added.
The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended up 19.47 points, or 0.09 percent,…
