Taiwan shares to be impacted by anti-secession law

China's move to enact a controversial anti-secession law aimed at Taiwan and the island's subsequent reaction may dominate share prices next week, dealers said. They said the impact may not be too great since a draft of the law has already been unveiled. If the final details do not contain any nasty surprises and if Taipei does not respond strongly investors may react with relief, they said.
Small-to-medium cap stocks would continue to be the focus of investor interest while share prices were expected to hover within a narrow range of 6,100-6300 next week, he said.
For the week to March 11, the weighted index rose 10.61 points or 0.17 percent to 6,204.23.
Average daily turnover was 86.60 billion Taiwan dollars (2.81 billion US) from 86.80 billion dollars the previous week.