Taiwan stocks hit 1-wk closing high led by Cathay

TAIPEI, Dec 3 (Reuters) - Taiwan stocks inched up 0.09
percent to end at a one-week closing high on Thursday, led by
Cathay Financial (2882.TW) after sources told Reuters that
China's ICBC (1398.HK) was in talks to buy a 20 percent stake of
Cathay in a potential $3.4 billion deal. The main TAIEX share index rose 7.05 points to
7,684.67, its highest finish since Nov 26. Cathay, Taiwan's top listed financial holding firm, advanced
3 percent, pushing the financial sub-index .TFNI 0.95 percent
higher. For a table of foreign trading in Taiwan stocks, double-click
on [ID:nTP170358] (Reporting by Faith Hung; Editing by Jonathan Hopfner)
((faith.hung@thomsonreuters.com; +886 2 2508-0815; Reuters
Messaging: faith.hung.reuters.com@reuters.net))
((If you have a query or comment on this story, send an email to
news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS:
Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS]
S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW]
Australia/NZ.........[.AX] India.......[.BO] China......[.SS] OTHER MARKETS:
Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/]
Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/]
ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/]
Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] DIARIES & DATA:
IPO diary & data Asia earnings diary [ASIA/EQTY]
U.S. earnings diary [RESF/US] European diary [WEU/EQTY]
Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O]
Eurostocks Week Ahead [.EU/O] World forecasts EQUITYPOLL1 TOP NEWS: For top Asian company news, double click on: [nTOPEQA]
U.S. company news [TOP/EQU] European company news [TOP/EQE]
Forex news [TOP/FRX] Global Economy news [TOP/MACRO]
Technology news [TOP/TECH] Telecoms news [TOP/TELCO]
Media news [TOP/MEDIA] Banking news [TOP/FIN]
Politics/General news [TOP/G] Asia Macro data ASIATODAY
A multimedia version of Reuters Top News is available at:
topnews.session.rservices.com LIVE PRICES & DATA:
World Stocks <0#.INDEX> Currency rates EFX= NFX=
Dow Jones/NASDAQ .DJI .IXIC Nikkei .N225
FTSE 100 .FTSE Debt <0#USBMK=> EURIBOR
Taiwan dollar TWD=TP LME price overview RING= TAIWAN MARKET:
Taiwan equity mkt TAIEX .TV.TW
Other indices <0#.INX.TW> TAISDAQ .TWOII.TV.TWO
TAIMEX Taiwan index futures <0#TX:> MSCI Taiwan index .MSTW
SIMEX Taiwan index futures <0#STW:> FTSE TW50 index .FTSETW50

Source: reuters.com/