Taiwan stocks lower at close of trade; Taiwan Weighted down 1.10%
Investing.com
Published Apr 24, 2018 02:45AM ET
Taiwan stocks lower at close of trade; Taiwan Weighted down 1.10%
Investing.com – Taiwan stocks were lower after the close on Tuesday, as losses in the , Glass and Electricity sectors led shares lower.
At the close in Taiwan, the Taiwan Weighted declined 1.10% to hit a new 1-month low.
The best performers of the session on the Taiwan Weighted were Logah Technology Corp (TW:3593), which rose 9.95% or 0.86 points to trade at 9.50 at the close. Meanwhile, Basso Industry Corp (TW:1527) added 9.94% or 5.20 points to end at 57.50 and Ruentex Materials Co Ltd (TW:8463) was up 9.90% or 1.95 points to 21.65 in late trade.
The worst performers of the session were Ching Feng Home Fashions Co Ltd (TW:9935), which fell 10.00% or 2.00 points to trade at 18.00 at the close. VIA Technologies Inc (TW:2388) declined 9.94% or 3.20 points to end at 29.00 and Taimide Tech Inc (TW:3645) was down 9.91% or 7.40 points to 67.30.
Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 746 to 104 and 60 ended unchanged.
Shares in Ruentex Materials Co Ltd (TW:8463) rose to 52-week highs; gaining 9.90% or 1.95 to 21.65.
Crude oil for June delivery was up 0.86% or 0.59 to $69.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.68% or 0.51 to hit $75.22 a barrel, while the June Gold Futures contract rose 0.32% or 4.20 to trade at $1328.20 a troy ounce.
USD/TWD was up 0.06% to 29.632, while TWD/CNY unchanged 0.00% to 0.2131.
The US Dollar Index Futures was down 0.02% at 90.67.
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Written By: Investing.com
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