Taiwan stocks rise, but HTC down after Q3 profit

TAIPEI: Taiwan stocks rose 1.11 percent on Friday, following regional bourses, but HTC traded lower as the smartphone maker's third-quarter profit growth slowed from the previous quarter.

The main TAIEX index opened up 78.92 points at 7,210.92, extending gains from a 2.04 percent rise in previous session. HTC fell 1.46 percent, with electronics shares up 0.8 percent. The Taiwan dollar strengthened slightly to trade at T$30.564.