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Electronics sector leads the TAIEX to close above 17,000

The TAIEX yesterday rose above 17,000 points as investors took cues from the record highs reached by major US indices on Friday. The bellwether electronics sector dominated, leading the broader market to climb out of losses recorded over the previous couple of sessions. The gains were capped ahead of the 120-day moving average of about 17,100 points by the end of the session, an analyst said. “Despite the gains posted by the electronics sector and the TAIEX, many large-cap tech stocks — in p...
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