Taiwan: Stocks rebound, techs up
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[TAIPEI] Taiwan stocks rebounded on Friday, though market sentiment remained cautious ahead of US President-elect Donald Trump's inauguration, paced by gains in technology shares.
As of 0251 GMT, the main Taiex index was up 0.2 per cent to 9,336.71 points, after closing lower in the previous two sessions.
The electronics subindex rose 0.3 per cent, while the financials subindex gained 0.1 per cent.
Among the most actively traded, Taiwan Semiconductor Manufacturing Co, the world's top contract chip maker, jumped 0.3 per cent. Flat-panel maker AU Optronics added 0.4 per cent.
The Taiwan dollar firmed NT$0.117 to NT$31.506 per US dollar.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
