Share prices close higher on local bourse

Seven of the eight major stock categories gained ground, with construction issues moving up the most at 1.04 percent. Machinery and electronics shares advanced 0.96 percent, plastics and chemicals shares were up 0.93 percent, cement stocks rose 0.88 percent, textile stocks increased 0.51 percent, paper and pulp issues gained 0.33 percent, and foodstuff issues advanced 0.09 percent.

The other major stock category, banking and financial shares, lost ground, shedding 0.07%. Gainers outnumbered losers 1,440 to 1,070, with 255 stocks remaining unchanged. Foreign institutional investors were net buyers of NT$8.84 bil.-worth of shares.

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