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Taiwan: Stocks jump on BoE easing; TSMC leads

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[TAIPEI] Taiwan stocks rose on Friday, in line with some other Asian markets, after the Bank of England launched a potent post-Brexit stimulus campaign, with TSMC leading technology shares higher.

As of 0150 GMT, the main Taiex index rose 0.77 per cent, to 9,093.85, after closing at 9,024.71 in the previous session.

Taiwan Semiconductor Manufacturing Co (TSMC), the world's top contract chip maker, jumped 1.4 per cent.

Smartphone maker HTC added 3.8 per cent.

The electronics subindex rose 0.74 per cent, while the financials subindex gained 0.65 per cent.

The Taiwan dollar firmed NT$0.039 to NT$31.671 per US dollar.

REUTERS

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