Taiwan stocks higher at close of trade; Taiwan Weighted up 0.12%

Date | 25-01-2018 - 02:47 PM Article Type | Stock Markets Region | Asia


Chiang Kai-shek Memorial Hall, Taipei, Taiwan


Taiwan stocks were higher after the close on Thursday, as gains in the Auto, Plastic and Chemical sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.12%.

The best performers of the session on the Taiwan Weighted were Asia Optical Co Inc (TW:3019), which rose 9.95% or 10.50 points to trade at 116.00 at the close. Meanwhile, Alchip Technologies Ltd (TW:3661) added 9.68% or 10.50 points to end at 119.00 and Hai Kwang Enterprise Corp (TW:2038) was up 9.63% or 1.05 points to 11.95 in late trade.

The worst performers of the session were Solytech Enterprise Corp (TW:1471), which fell 8.53% or 0.74 points to trade at 7.94 at the close. Acer Inc (TW:2353) declined 7.30% or 2.20 points to end at 27.95 and Jye Tai Precision Industrial Co Ltd (TW:6165) was down 7.20% or 1.70 points to 21.90.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 465 to 316 and 113 ended unchanged.

Shares in Hai Kwang Enterprise Corp (TW:2038) rose to 5-year highs; up 9.63% or 1.05 to 11.95.

Crude oil for March delivery was up 1.02% or 0.67 to $66.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.72% or 0.51 to hit $71.04 a barrel, while the February Gold Futures contract rose 0.58% or 7.80 to trade at $1364.10 a troy ounce.

USD/TWD was down 0.15% to 29.068, while TWD/CNY fell 0.50% to 0.2186.

The US Dollar Index Futures was down 0.30% at 88.75.

Author: Heng V. Mony
Source: investing.com
Market Quotes are powered by Investing.com