May Electronics Futures Rise, Financial Futures Fall

Central News Agency, Taipei, May 14 - The Taipei stock market rose by 377.25 points today, closing at 41751.75 points. May electronics futures closed at 2706.20 points, up 16.20 points, with a backwardation of 9.08 points. May financial futures closed at 2517.20 points, down 19 points, with a backwardation of 4.12 points.

The May electronics futures contract closed at 2706.20 points, up 16.20 points, with a trading volume of 326 contracts. The June electronics futures contract closed at 2724.25 points, up 25.90 points, with a trading volume of 2 contracts.

The electronics spot index closed at 2715.28 points, up 32.57 points. Compared to the spot index, the May electronics futures showed a backwardation of 9.08 points.

The May financial futures contract closed at 2517.20 points, down 19 points, with a trading volume of 252 contracts. The June financial futures contract closed at 2549.20 points, unchanged, with a trading volume of 2 contracts.

The financial spot index closed at 2521.32 points, down 9.71 points. Compared to the spot index, the May financial futures showed a backwardation of 4.12 points. The actual closing prices are subject to the announcement by the Taiwan Futures Exchange. 1150514