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Stock market today: Asian shares mostly higher after rebound on Wall St
Asian shares were mostly up on Monday following U.S. stocks rebounding from their worst day since April, finishing the week positively. U.S. futures decreased as oil prices rose.
Taiwan's market surged, particularly in computer chip-related shares, driving the Taiex up 1.3% to a new high. Taiwan Semiconductor Manufacturing Corp. saw a more modest 0.5% increase.
Taiwan's market was driven up by heavy trading in computer chip-related shares, resulting in the Taiex setting a new record. Taiwan Semiconductor Manufacturing Corp. had a smaller gain.