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Taiwan: Stocks rise; TSMC in focus ahead of earnings

Thursday, April 14, 2016 - 10:27

taiwan stocksphotoAFP.jpg

[TAIPEI] Taiwan stocks rose 0.66 per cent on Thursday, in line with other regional bourses, with Taiwan Semiconductor Manufacturing Co in focus ahead of its quarterly results.

As of 0121 GMT, the main TAIEX index stood at 8,709.27.

The electronics subindex was up 0.4 per cent while the financials subindex added 1 per cent.

Shares of TSMC were unchanged. The world's top contract chipmaker is set to report quarterly earnings after market close on Thursday.

The Taiwan dollar softened TW$0.052 to TW$32.402 per US dollar.

REUTERS

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