Taiwan shares boost

Taiwan shares boost
Published: 26 December 2007

Taiwan shares rose Tuesday for the third-consecutive session led by food and cement gains. The Weighted Price Index of the Taiwan Stock Exchange rose 31.59 points, or 0.4 percent, to close at 8167.07 points. The cement subindex gained 3 percent on year-end window dressing. Taiwan Cement went up 2.9 percent to NT$46.15. "The market is expected to rally further as concerns over the U.S. economy next year eased a bit, given recent economic data," said Fubon Securities trader Edward Lien.