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Taiwan: Stocks up but trading tentative ahead of weekend


[TAIPEI] Taiwan stocks rose on Friday, but trading was tentative ahead of the weekend and due to continued global uncertainties, particularly China.

As of 0207 GMT, the main TAIEX index was up 0.2 per cent at 8,288.01, after closing down 0.2 per cent in the previous session.

The electronics subindex rose 0.6 per cent, while the financials subindex lost 0.1 per cent.

Among actively traded shares, display makers were generally higher, led by AU Optronics, which was moving ahead 0.5 per cent. China Development Financial was off 0.8 per cent while Cathay Financial Holding was up 0.3 per cent.

The Taiwan dollar firmed T$0.393 to T$32.463 per US dollar. It is up more than 1 per cent against the US dollar in early trade following similar strength in regional currencies.