Taiwan shares stage strong rebound despite COVID-19 scare


Source: focustaiwan.tw focustaiwan.tw

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Email To activate the text-to-speech service, please first agree to the privacy policy below. Taipei, May 18 (CNA) Shares in Taiwan staged a technical rebound of more than 5 percent Tuesday on buying that was spread across all sectors, helped in part by optimism that COVID-19 vaccines may be available soon, dealers said. Investors were buoyed by hopes that Taiwan can soon receive more COVID-19 vaccines after U.S. President Joe Biden said America will send an additional 20 million doses of vaccines overseas by the end of June to bring the total to 80 million doses. Market sentiment was also...