Taiwan stocks ended firmer on Tuesday as major technology shares like AU Optronics shook off early losses and extended the last session's rebound, though trading was cautious ahead of earnings season. The TAIEX share index added 0.55 percent to close at 5,975.66, but was still down 2.7 percent in the new year. "Electronics shares are rebounding, since they do not have much room on the downside because of low valuations," said Hotung Securities research chief Albert Lin.
AU, the world's third largest manufacturer of display panels, added T$1.00, or 2.38 percent, to close at T$43.10 in heavy trade, recovering from intraday losses of 0.24 percent.
But turnover remained sluggish at T$49.3 billion, little changed from T$44 billion in the previous session as investors remained wary ahead of major quarterly earnings reports.
United Microelectronics Corp, the world's second-largest contract microchip maker was the day's most actively traded issue, but lost 1 percent to T$19.80 amid investor jitters ahead of chip heavyweight Intel Corp's scheduled earnings announcement later on Tuesday.
Petrochemical giant Formosa Plastics rose T$1.00, or 1.9 percent, to close at T$53.50, while Taiwan Cement, the island's largest cement manufacturer rose 0.48 percent to T$20.80.
The over-the-counter market's TAISDAQ index gained 0.20 percent to close at 111.93, while January TAIEX futures edged up 16 points, or 0.27 percent for a finish at 6,003 to keep a solid premium over the spot price.
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