India, April 28 -- The Taiwan stock market bounced higher again on Friday, one day after ending the two-day winning streak in which it had spiked more than 700 points or 3.5 percent. The Taiwan Stock Exchange now sits just above the 20,120-point plateau and it may add to its winnings pm Monday.

The global forecast for the Asian markets is positive on upbeat inflation data and support from the oil and technology companies. The European and U.S. markets were firmly higher and the Asian bourses are expected to open in similar fashion.

The TSE finished sharply higher on Friday following gains from the financial shares and a mixed picture from the technology stocks.

For the day, the index rallied 263.09 point or 1.32 percent to finish at 20,1...