Taipei stocks rebound nearly 4 per cent
Submitted by Mohit Joshi on Wed, 09/17/2008 - 11:27.
Taipei - Taipei stocks rebounded Wednesday on speculation that insurance giant AIG could receive a US government bailout and amid Taiwan's and China's cutting of central-bank interest rates.
About 16 minutes into morning trading, the benchmark TAIEX was up 229.17 points, or 3.98 per cent, to 5,958.76 points.
"After several days of plunge, it is natural for TAIEX to rebound in reaction to positive financial news at home and abroad," said Chiu Hsin-lin, deputy manager of the Industry Bank of Taiwan Securities. (dpa)
»
.
Technical View on Stocks
Recent Images
![Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp](http://topnews.in/files/images/christophe-guillarme9.thumbnail.jpg "Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp")
![Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp](http://topnews.in/files/images/christophe-guillarme8.thumbnail.jpg "Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp")
![Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp](http://topnews.in/files/images/christophe-guillarme7.thumbnail.jpg "Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp")
![Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp](http://topnews.in/files/images/christophe-guillarme6.thumbnail.jpg "Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp")
![Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp](http://topnews.in/files/images/christophe-guillarme5.thumbnail.jpg "Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp")
![Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp](http://topnews.in/files/images/christophe-guillarme4.thumbnail.jpg "Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp")
Technology Sector
Buzzing Stocks
Energy Sector
- Government to pay $8.1 billion fuel subsidy in fourth quarter
- Oil firms falls as government considers export parity pricing model
- Essar Oil to sign $1 billion financing co-operation deal with CDB
- ONGC may sell stakes in deep-water blocks to Shell
- Huge scope for improving Indian shale gas estimates: ONGC
Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate
