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Taiwan: Stocks rise on gains in electronics, semiconductor shares

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[TAIPEI] Taiwan stocks rose on Friday, led by electronics and semiconductor shares, and in line with broader Asia as upbeat data on US manufacturing and employment and buoyant European factory growth boosted investor optimism.

The main Taiex index rose 0.5 per cent to 10,137.42 points as of 0132 GMT, after gaining 0.5 per cent in the previous session.

MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.1 per cent.

The electronics subindex and semiconductor subindex rose 0.5 per cent and 0.6 per cent, respectively.

The financial subindex was also up 0.4 per cent.

Among actively traded shares, Macronix , an integrated memory device maker, rose 3.6 per cent.

Winbond Electronics Corp, a semiconductor company and integrated circuit producer, rose 1.3 per cent.

The Taiwan dollar firmed NT$0.006 at NT$30.111 against the US dollar.


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