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Taiwan's market capitalization hits high

  • 04 April, 2014
  • Editor

Taiwan stock market was closed Friday for a public holiday.

After the TAIEX closed on Thursday, the market value of the main board reached a record high of NT$ 25.3 trillion (or over US$825 million), driven largely by strong foreign institutional buying in recent sessions. Foreign institutional investors have seemingly ignored the political standoff between the government and student protestors. Students have occupied the legislature since March 18 to show their opposition to a trade-in-services agreement signed by Taiwan and China.

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