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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 16,501.65 0.08
Arrow Nasdaq 4,126.97 0.83
Arrow S&P 1,875.39 0.22
Arrow FTSE 6,674.74 0.11
Arrow DAX 9,544.19 0.58
Arrow CAC-40 4,451.08 0.74
Arrow Nikkei 14,546.27 1.09
Arrow H.Seng 22,509.64 0.97
Arrow Sensex 22,876.54 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%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln