Taiwan shares move higher.
Position | Taiwan Stock Exchange - Brief article |
Shares in Taiwan closed slightly higher Friday as the gains posted by semiconductor stocks offset the losses suffered by other tech stocks and non-tech stocks during the session, dealers said.
The main board extended its gains from the previous few sessions to end above the 10,800 point mark on the back of hopes that the US Federal Reserve will cut its key interest rates in the second half of the year, which is expected to boost liquidity levels in the global market, they said.
The weighted index on the Taiwan Stock Exchange (TWSE) or the Taiex closed up 18.76 points, or 0.17 percent, at 10,803.77...
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