Taipei, March 27 (CNA) Shares in Taiwan staged a technical rebound on Wednesday as buying rotated to nontech stocks in a catch-up play with the bellwether electronics sector.
Despite the gains, turnover shrank, indicating many investors remained wary of a major pullback after the main board scored solid gains in recent sessions to stand above the 20,000-point mark.
The Taiex, the Taiwan Stock Exchange’s (TWSE) weighted index, ended up 73.63 points, or 0.37 percent, to end at 20,200.12 after moving between 20,108.96 and 20,255.10. Turnover totaled NT$385.63 billion (US$12.05 billion), down from NT$493.91 billion recorded a session earlier….