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Taiwan share prices

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TAIWAN share prices finished 1.7 per cent higher yesterday as market sentiment improved, with all eight major categories of shares enjoying gains.

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'More investors returned to the floor to pick up cheap shares in the hope of possible government-led incentives ahead of the December 2 parliamentary election,' Lin Long-shien, of United Securities, said.

The Taiwan Stock Exchange weighted price index rallied 77.06 points to 4,663.81.

Turnover increased with 628 million shares worth NT$18.1 billion (about HK$5.12 billion) changing hands, compared with 452 million shares worth NT$12.88 billion in the previous session.

South Korean share prices dipped 2.35 points in yesterday's half-day trading, ending a week dominated by the country's slush fund scandal but cushioned by a late buying spree.

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The Composite Price index closed at 942.5, down 2.35 points from Friday's close and 3.85 points from last week's finish.

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