Taiwanese market driven by electrical components

Taiwan's electronic component sector has been driving the country's market, with some stocks up as much as 250% in sterling terms for the year to 7 March. The top 10 performing stocks, from the start of the year to 7 March, have returned between 134% and 256% in sterling terms. Manager of Barings Pacific Growth Trust, Khiem Do, reports the market as a whole has risen 63% since its low after 11 September. Do says: 'Valuations have been high and there has been a rise in orders for electrical components and Taiwan is one of the world's biggest providers of such equipment. 'In additi...