Taiwan stocks slightly up

10 Mar, 2011

Taiwan stocks ended flat on Wednesday, with oil counters recovering as oil prices retreated from recent highs. The TAIEX index finshed up 0.03 percent at 8,750.02 The sub-index of rubber shares was among the biggest winners, up 3.3 percent. Financials also outperformed and climbed 0.68 percent, with the Taiwan dollar trading higher and life insurers expected to post solid earnings for February thanks to a weaker local currency last month.

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