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  • 1 day ago
Taiwan's Taiex closed up 2.36 percent on Friday, led by gains in tech and financial stocks, while markets in South Korea and Japan also rebounded. Analysts say capital may flow back into broader markets as the frenzy around Thursday's SpaceX IPO settles, potentially reversing the recent selloff of Taiwanese stocks.
Transcript
00:00The Thai X on Friday morning opened with a big rally and continues to show a robust recovery throughout the
00:06session.
00:07Taiwan's benchmark index, the Thai X, closed up 2.36 percent, led by gains in both tech and financial stocks.
00:14Stock markets in South Korea and Japan also rebounded.
00:18Analysts say that as the frenzy around Thursday's SpaceX IPO settles, capital could flow back into broader markets.
00:26That could help reverse the recent sell-off of Taiwanese stocks.
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