Forex News.
Taiwan shares +0.6% to 7268.42, after closing at 21-month low Friday, on rebound in Asian stock markets, but trading volume very thin. "Some see the low volume as an indicator that the market has reached bottom, as sellers have sold all they could," says Fubon Securities' Michael Lin, but stays cautious, says market needs several more days of consolidation before determining bottom. Cement subindex +4.1% after local media reports government decides to move ahead on highway construction in eastern Taiwan, says Lin: Taiwan Cement (1101.TW) +4.8% to NT$42.95, Asia Cement (1102.TW) +3.6% to NT$45.80. Taiex cap still around 7300, support around 7180
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