Reuters logo
Taiwan stocks rise after Fed rate hike; banks, techs up
December 17, 2015 / 1:35 AM / 2 years ago

Taiwan stocks rise after Fed rate hike; banks, techs up

TAIPEI, Dec 17 (Reuters) - Taiwan stocks rose 1 percent on Thursday, led by gains in banks and technology exporters, as investors chose to take a historic hike in U.S. interest rates as a mark of confidence in the world’s biggest economy.

As of 1:12 GMT, the main TAIEX index was up 0.96 percent at 8,262.91, after closing 1.4 percent higher at 8,184.66 in the previous session.

The electronics subindex jumped 1 percent, while the financials subindex gained 1.6 percent.

The Taiwan dollar firmed T$0.126 to T$32.824 per U.S. dollar. (Reporting by Faith Hung; Editing by Subhranshu Sahu)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below