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Taiwan: Stocks fall with overseas markets; HTC jumps on strong Sept sales

Friday, October 7, 2016 - 10:11
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Taiwan stocks fell on Friday, following declines in some regional bourses, but smartphone maker HTC Corp jumped on solid monthly sales.

[TAIPEI] Taiwan stocks fell on Friday, following declines in some regional bourses, but smartphone maker HTC Corp jumped on solid monthly sales.

The main Taiex index was down 0.2 per cent at 9,262.45 as of 0155 GMT after closing 0.1 per cent higher in the previous session.

The electronics subindex sank 0.4 per cent, while the financials subindex lost 0.5 per cent.

HTC rose 3 per cent after the company said September sales rose 31.35 per cent on year.

The Taiwan dollar softened NT$0.043 to NT$31.446 per US dollar.

Asian shares dipped but held not far from the 14-month high touched last month ahead of the US jobs report later in the day.

REUTERS