Taipei, June 18 (CNA) Shares in Taiwan closed at another record high Tuesday, led by solid gains posted by contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) after a rally among tech stocks on U.S. markets overnight, dealers said.
Optimism over artificial intelligence development worldwide prevailed, vaulting the local main board over the 22,700 point mark to close at almost the day’s high, dealers added.
The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended up 260.90 points, or 1.16 percent, at 22,757.43 after moving between 22,642.94 and 22,787.67. Turnover totaled NT$458.37 billion (US$14.16 billion).
The…