Taiwan stocks hit near 2-wk closing high; UMC up

Fri Nov 6, 2009 12:40am EST
 
[-] Text [+]
 (Updates closing price)
 TAIPEI, Nov 6 (Reuters) - Taiwan stocks rose 0.61 percent on
Friday to a near two-week closing high, led by major technology
exporters such as chipmaker UMC (2303.TW) after sharp gains on
Wall Street raised optimism over the sector's recovery.
 Taiwan's main TAIEX share index  closed up 45.59
points at 7,463.05 even after a strong earthquake rattled Taiwan
after the market closed on Thursday. [ID:nTP132640]
 UMC (UMC.N) was the market's second most active stock by
volume, up 2.3 percent. Hon Hai (2317.TW), which supplies
electronics parts and assembles PCs for top U.S. brands, jumped
0.8 percent, lifting the electronics sector .TELI 0.4 percent.
 (US$1=T$32.5)
 (Reporting by Baker Li, Editing by Jonathan Hopfner)





































 

More News

Taiwan stocks post 2-week closing high, HTC leads
Tuesday, 10 Nov 2009 12:42am EST 
Taiwan's UMC posts rising October sales
Monday, 9 Nov 2009 01:52am EST 
Taiwan stocks open up, financial shares outperform
Sunday, 8 Nov 2009 08:06pm EST 
Taiwan stocks open higher; big techs gain
Thursday, 5 Nov 2009 08:06pm EST 

Featured Broker sponsored link