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Home International Markets

Taiwan stocks jump as Nasdaq gain, TAIEX climbs 1.6pc

byCustoms Today Report
24/04/2015
in International Markets
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TAIPEI: Taiwan stocks rose on Friday, extending gains not seen in 7-1/2-years following an overnight rally in the Nasdaq.

As of 0171 GMT, the main TAIEX index rose 1.6 per cent to 9,951.29, after closing up 1.9 per cent on Thursday to settle at a 7-1/2-year high.

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Once the main index closes higher than 9,912, the next major target will be the 10,000-mark, a level it hasn’t touched in at least 15 years.

The electronics subindex was up 2 per cent, while the financial subindex was ahead 1 per cent.

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