Taiwan stocks flat

Taiwan stocks traded largely flat on Tuesday, paring early gains that lifted up the index to a 20-month high, as investors exercised caution ahead of the release of the government's quarterly economic outlook on Wednesday. The main TAIEX index was flat at 9,710.93 points, as of 0411 GMT, after closing up 0.5 perrcent in the previous session The index neared the key 9,800 level on Tuesday after it broke over 9,700 in the previous session. It hit an intraday high of 9,760.01, highest since May 2015.
The electronics subindex rose 0.1 percent, while the financials subindex lost 0.2 percent. The Taiwan dollar firmed T$0.167 to T$30.863 per US dollar.