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Taiwan: Stocks rally in early trade with Asian markets

Thursday, November 10, 2016 - 09:39

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[TAIPEI] Taiwan stocks rallied on Thursday, in line with a rebound in Asian markets, as the shock of Republican Donald Trump's US presidential victory began wearing off.

The main Taiex index rose 2.4 per cent to 9,156.95 points, as of 0118 GMT, after closing down nearly 3 per cent in the previous session, the biggest single-day percentage fall in more than a year.

The electronics subindex rose 2.4 per cent, while the financials subindex gained 2.7 per cent.

The Taiwan dollar softened NT$0.056 to NT$31.515 per US dollar.

REUTERS

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