Taiwanese Stocks Climb 0.6% in Morning Trading

Dow Jones07-30

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Taiwan rose during early trading Thursday, as the Taiwan TAIEX increased 0.6% to 40265.59.

Among local companies with a market cap of at least 150 billion New Taiwan dollars ($4.63 billion), United Microelectronics is the biggest leader this morning, jumping 9.8%, and UniMicron Technology surged 6.0%. Kinsus Interconnect Tech rounds out the top three movers, as shares gained 4.3%.

Quanta Computer is the biggest early laggard, plunging 8.4%, followed by shares of Compeq Manufacturing, which fell 4.1%. Shares of Inventec dropped 3.0%.

The U.S. dollar strengthened 0.1% against the New Taiwan dollar to NT$32.39.

In the bond markets, the 10-year Taiwanese government bond yield declined 2.5 basis points to 1.875%.

Data source: Dow Jones Market Data, FactSet

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