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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.
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USD’s rally takes a pause, while riskier assets are modestly rising.
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