Taiwan: Stocks slip on profit-taking; Apple supplier TPK jumps
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[TAIPEI] Taiwan stocks fell 0.17 per cent in cautious trading early on Friday as some investors took profit, but suppliers for Apple Inc outperformed the market.
The main TAIEX index was down at 9,720.29 at 0215 GMT. On Thursday, it hit a more than seven-year high.
Apple supplier and flat panel maker TPK Holdings jumped 4 per cent and camera phone lenses maker Largan Precision added 0.4 per cent.
Among the losers, banking shares shed 0.4 per cent.
The Taiwan dollar was up 0.13 per cent to stand at T$31.461 to the 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
