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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 17,042.90 0.17
Arrow Nasdaq 4,493.39 0.28
Arrow S&P 1,972.29 0.28
Arrow FTSE 6,622.72 0.36
Arrow DAX 9,474.30 0.55
Arrow CAC-40 4,416.24 1.33
Arrow Nikkei 16,173.52 0.84
Arrow H.Seng 22,932.98 1.28
Arrow Sensex 26,630.51 0.13





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln