BENGALURU (Jan 21): South Korean and Taiwanese shares jumped on Thursday as upbeat export data from both countries lifted investor sentiment, while the Indonesian rupiah inched higher ahead of a central bank meeting where rates are expected to be kept on hold.
Data showed South Korea s exports expanded at a much faster pace in the first 20 days of January, and Taiwan s export orders hit a record high in 2020 boosted by strong demand for technology products.
Shares in Seoul climbed 0.7% and were headed for a third consecutive day of gains, while the Taiwanese market surged nearly 2% and its currency once again stood out with a gain of more than 1%.
Stock market slips; URC, GT Capital lead decliners
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GT Capital is Metrobank s principal stockholder – The Manila Times
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