‘REMARKABLE’: Most Asian markets rose after US President Donald Trump soothed worries about military action in Syria and ordered aides to explore rejoining the TPP

Taipei Times
Date: Apr 15, 2018
By: Staff writer, with CNA and AFP

Local shares on Friday closed higher at 10,965.39, setting them up to tackle the 11,000-point threshold next week, analysts said.

The TAIEX on Friday closed up 10.1 points, or 0.09 percent, on turnover of NT$121.99 billion (US$4.16 billion). That was an increase of 1.3 percent from a close of 10,821.53 on April 3, the last day of trading before the Tomb Sweeping Day holiday.

The index immediately traded higher after the bourse opened, and fluctuated between a high of 10,988.23 and a low of 10,938.37 throughout the day.

The main force behind the uptick came from stocks in the optoelectronics sector, which rose by 2.37 percent, the electrical and cable sector, which rose 0.71 percent, and the semiconductor sector’s 0.29 percent increase.    [FULL  STORY]