Taiwan HTC s shares boosted by Q2 results
07/30/2021 02:01 PM
CNA file photo
Taipei, July 30 (CNA) Shares of HTC Corp., a Taiwan-based smartphone brand, on Friday got a boost from its second quarter results, in which its net loss continued to narrow, with its gross margin on the rise, dealers said.
HTC shares surged 3.50 percent to close at NT$39.25 (US$1.40) with 17.85 million shares changing hands on the Taiwan Stock Exchange (TWSE), where the Taiex, the weighted index on the main board, was down 0.89 percent at 17,247.41 points.
Soon after the local equity market opened, the stock came under pressure on a technical correction from a 7.21 percent jump in an earlier session when the Taiex closed up 1.56 percent.
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