Taiwan shares close up 1.51%
Taiwan's stock market jumped on Friday, a good day for investors holding Taiwanese tech and chip names.
- The benchmark index rose 1.51%, closing near 46,551 points.
- Trading was heavy, with turnover above NT$825 billion (about US$26 billion).
- The gain comes as Taiwan's president pushes to turn the island into a major asset management hub for Asia.
- Taiwan's market remains closely tied to global demand for chips and AI hardware.
Outlook: Further moves will likely track global tech sentiment and chip demand in the days ahead.