Taiwan stocks market outlook november 28 2011

Indonesia stock info - Taiwan stocks market outlook november 28 2011 ; Taiwan stocks opened 0.88 percent higher on Monday and soon extended gains to over 1.4 percent, though smartphone maker HTC Corp fell for a third session after cutting its profit outlook and withdrawing an appeal over a German patent case.

The main TAIEX index opened at 6,844.3 and was last up 93 points at 6,877.39. HTC was down 1 percent. It has fallen for three sessions after a surprise cut in its fourth quarter revenue outlook , and took another blow on Friday when a Germanpatent firm said it would move to block HTC sales in Germany
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The Taiwan dollar was up by T$0.03 to trade at T$30.433. Foreign investors were net sellers on Friday, bringing their total selling to T$70 billion this month. Feel free to forward this Op Ed and follow our Blog stock market news today


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