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TAIPEI: Taiwan stocks rose 0.37 percent on Friday, recovering some ground from recent losses, with China Development Financial surging 5.27 percent after it announced plans to buy a controlling stake in brokerage KGI .

The main TAIEX index opened up 28.08 points at 7,667.90, boosted by electronics and financials, both of which rose 0.48 percent.

KGI, Taiwan's second-biggest brokerage, was 7-percent limit up.

The Taiwan dollar rose slightly to trade at T$29.51. 

Foreign investors were net sellers on Thursday, bringing their total buying to T$1.26 billion this month.

Copyright Reuters, 2012


 



 
Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln