Taiwan market jumps over 1,163 points
Main index rose 2.7% at the open despite Wall Street losses and volatility a day earlier.
The Taiwan market opened strongly, with the main index jumping more than 1,163 points, or 2.7%, at the start of trading.
The advance came despite losses on U.S. markets a day earlier.
Volatility in the United States
On Wall Street on Thursday there were notable swings, especially among technology stocks and in oil prices. Nvidia shares fell 4.34% after the announcement of the resignation of chief executive Jensen Huang, while the Philadelphia semiconductor index lost 0.5%.
Still, the Taiwanese market showed resilience against negative moves in the United States, supported by investor interest at home.
The rise indicates that sentiment among Asian investors remains positive, despite uncertainty in global financial markets and turbulence in the technology sector.
Photo: press material from the event
