TAIPEI, Nov 14: Taiwan stocks rose 0.33 percent on Wednesday, with Apple supplier Hon Hai Precision gaining after it reported a higher gross margin for the third quarter.
The main TAIEX index ended up 23.7 points at 7,159.75.
Hon Hai rose 2.4 percent, making the electricals sub-index the top gainer with a 2.1 percent rise.
Smartphone maker HTC added 4 percent. Verizon Wireless said on Tuesday that it plans to sell HTC’s latest smartphone, the Droid DNA, as its flagship phone for the holiday season.
The Taiwan dollar rose T$0.095 to stand at T$29.034.
Foreign investors were net sellers on Tuesday, bringing their total selling to T$4.1 billion this month.
(agencies)
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