Taiwan stocks jump

06 Aug, 2016

Taiwan stocks rose on Friday, in line with some other Asian markets, after the Bank of England launched a potent post-Brexit stimulus campaign, with TSMC leading technology shares higher. As of 0150 GMT, the main TAIEX index rose 0.77 percent, to 9,093.85, after closing at 9,024.71 in the previous session. Taiwan Semiconductor Manufacturing Co (TSMC), the world's top contract chip maker, jumped 1.4 percent. Smartphone maker HTC added 3.8 percent. The electronics subindex rose 0.74 percent, while the financials subindex gained 0.65 percent. The Taiwan dollar firmed T$0.039 to T$31.671 per US dollar.

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