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Taiwan stocks up

  • 02 May, 2014
  • Editor

Shares in Taiwan staged a technical rebound Friday on gains posted by select high-tech companies that reported better-than-expected earnings for the first quarter.


But the index was held down by reluctance among investors to chase prices before the United States released non-farm payroll data for April later Friday, fearing that a surprise could have consequences for global markets.

The weighted index on the Taiwan Stock Exchange ended up 75.88 points, or 0.86%, at 8,867.32, on turnover of NT$96.92 billion (US$3.05 billion).

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