Taiwan shares end above 16,900 points, led by semiconductor stocks
Taipei, June 7 (CNA) Shares in Taiwan moved sharply higher Wednesday rising about 160 points to close above the 16,900 point mark as semiconductor stocks steamed ahead led by contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), in the wake of strong gains made by the stock’s American depositary receipts (ADRs) on U.S. markets overnight, dealers said.