The benchmark Taiex Index rose 1.3 percent to 8,031.51, the most since Feb. 29.
Acer Inc. (2353) (2353 TT) gained 1.9 percent to NT$43, the biggest advance since March 9. The world’s fourth-largest computer maker said February sales rose 34 percent from a year earlier to NT$37.5 billion.
Cathay Financial Holding Co. (2882) (2882 TT) surged 6.9 percent to NT$34.90, the steepest increase since Dec. 23. The island’s largest financial services company is in talks with “several” Chinese banks about investments, Alan Lee, a spokesman for the company said today, declining to name the Chinese lenders it is in talks with.
Evergreen Marine Corp. (2603) (2603 TT), part of Asia’s second- largest container shipping line, gained 0.5 percent to NT$20.50. The company, along with Hanjin Shipping Co. and China Cosco Holdings Co., will start joint services on the Asia-Europe trade in April.
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