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On Friday, Taiwan stocks rallied after the close because leaps in the Optoelectronic, Transport as well as Other Electronic sectors underpinned shares.
The Taiwan Weighted edged up 0.68%.
On the Taiwan Weighted the leading benchmarks were Genius Electronic Optical Co Ltd, Genesis Photonics Inc and CX Technology Corp. They all soared 10.00%.
Meanwhile, the losers Pal Wonn Taiwan Co Ltd, Y.C.C. Parts MFG Co Ltd and King Slide Works Co Ltd slid 6.59%, 6.08% and 5.21% respectively.
Growing stocks outperformed sagging equities on the Taiwan Stock Exchange by 563 to 202, while 112 didn’t change.
The currency pair USD/TWD inched down 0.28% being worth 29.968. At the same time TWD/CNY declined 0.18% demonstrating 0.2164.
The US Dollar Index Futures slumped 0.32% showing 91.20.
Meanwhile, October delivery crude futures slumped 0.06% reaching $49.06 a barrel. November delivery crude futures added 0.31% trading at $54.66 a barrel.
On Wednesday, European equities surged due to the fact that Italian financial institutions rebounded on expectations that Rome could come to a compromise with Brussels over its budget plans…
On Wednesday, Asian equities kept rebounding following a steep dive on Wall Street overnight…
On Tuesday, American futures declined by 1% because a technology rout in the previous trading marathon provoked by fears over iPhone sales affected investors' appetite for high-surge companies…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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