Taiwan stocks flat ahead of US election

Taiwan stocks were largely flat on Tuesday, after rallying in the previous session, as investors exercised caution ahead of the US presidential race.

The main TAIEX index rose 0.1 percent to 9,202.79 points, as of 0138 GMT, after closing up 1.3 per cent in the previous session.

The electronics subindex stayed flat, while the financials subindex gained 0.3 per cent.

Big-capped chipmaker TSMC was flat, while electronics maker Hon Hai, another heavyweight, was down 0.5 per cent.

The Taiwan dollar firmed T$0.015 to T$31.504 per US dollar, according to a news agency report.