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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 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,585.78 0.67
Arrow DAX 11,058.39 0.37
Arrow CAC-40 4,808.22 0.57
Arrow Nikkei 20,539.79 0.08
Arrow H.Seng 26,064.11 0.83
Arrow Sensex 28,092.79 0.53





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln