Taiwan Stocks Up 0.35%, Despite Chinese Rate Hike

The Taiwan Capitalization Weighted Stock Index, or the TSEC weighted index, opened the Monday trading session in Taiwan at 8,866.67, which was slightly higher than the previous trading day's close of 8,861.10. The TSEC weighted index fell into negative territory shortly after the market opened but was back in positive territory before noon and remained there for the rest of the Monday trading session, ending the day up 31.21 points, or 0.35%, at 8,892.31. The TSEC weighted index traded between 8,828.67 and 8,908.42. Investors who would like to invest in Taiwanese equities might want to consider the iShares MSCI Taiwan Index Fund

, which seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the Taiwanese markets, as measured by the MSCI Taiwan index. Read more