Taiwan Stocks Rise, Dollar Falls as Market Resumes Post Storm
- Taiex gains as much as 0.5% as TSMC shares rise 1.4%
- Markets reopen after two-day break following Typhoon Krathon
Photographer: Annabelle Chih/AFP/Getty Images
Taiwan’s stocks advanced while its currency weakened on Friday as trading resumed following a two-day closure caused by Typhoon Krathon.
The Taiwan Stock Exchange Weighted Index rose as much as 0.5%, with heavyweight Taiwan Semiconductor Manufacturing Co. gaining up to 1.4%. The Taiwan dollar slid more than 0.5%.