Taiwan stocks higher at close of trade; Taiwan Weighted up 0.67%
Investing.com
Published Apr 09, 2018 02:45AM ET
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.67%
Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Electricity, Biotech & Medical Care and Plastic sectors led shares higher.
At the close in Taiwan, the Taiwan Weighted gained 0.67%.
The best performers of the session on the Taiwan Weighted were Hua Eng Wire & Cable Co Ltd (TW:1608), which rose 10.00% or 1.20 points to trade at 13.20 at the close. Meanwhile, China Steel Structure Co Ltd (TW:2013) added 9.99% or 3.45 points to end at 38.00 and Lan Fa Textile Co Ltd (TW:1459) was up 9.99% or 0.86 points to 9.47 in late trade.
The worst performers of the session were Hiyes International Co Ltd (TW:2348), which fell 10.00% or 5.55 points to trade at 49.95 at the close. VIA Technologies Inc (TW:2388) declined 10.00% or 4.30 points to end at 38.70 and Leadtek Research Inc (TW:2465) was down 9.97% or 3.15 points to 28.45.
Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 425 to 403 and 85 ended unchanged.
Shares in Hua Eng Wire & Cable Co Ltd (TW:1608) rose to 5-year highs; up 10.00% or 1.20 to 13.20. Shares in China Steel Structure Co Ltd (TW:2013) rose to 3-years highs; rising 9.99% or 3.45 to 38.00.
Crude oil for May delivery was up 0.45% or 0.28 to $62.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.51% or 0.34 to hit $67.45 a barrel, while the June Gold Futures contract fell 0.10% or 1.30 to trade at $1334.80 a troy ounce.
USD/TWD was down 0.35% to 29.220, while TWD/CNY fell 0.14% to 0.2156.
The US Dollar Index Futures was up 0.04% at 89.86.
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Written By: Investing.com
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