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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.15%

Published 12/14/2016, 01:45 AM
Taiwan stocks lower at close of trade; Taiwan Weighted down 0.15%
TWII
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TOGI
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TFNI
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1438
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2359
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2467
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2609
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6702
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8374
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Investing.com – Taiwan stocks were lower after the close on Wednesday, as losses in the , Oil, Gas & Electricity and Financials sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted fell 0.15%.

The best performers of the session on the Taiwan Weighted were Solomon Tech (TW:2359), which rose 9.82% or 1.40 points to trade at 15.65 at the close. Meanwhile, C Sun Mfg (TW:2467) added 9.77% or 1.70 points to end at 19.10 and Ace Pillar (TW:8374) was up 9.72% or 1.55 points to 17.50 in late trade.

The worst performers of the session were Transasia (TW:6702), which fell 9.63% or 0.13 points to trade at 1.22 at the close. Yang Ming Mari (TW:2609) declined 6.14% or 0.29 points to end at 4.43 and Yu Foung Intl (TW:1438) was down 4.75% or 0.190 points to 3.810.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 414 to 326 and 131 ended unchanged.

Shares in Transasia (TW:6702) fell to all time lows; losing 9.63% or 0.13 to 1.22. Shares in C Sun Mfg (TW:2467) rose to 52-week highs; gaining 9.77% or 1.70 to 19.10. Shares in Yang Ming Mari (TW:2609) fell to all time lows; losing 6.14% or 0.29 to 4.43.

Crude oil for January delivery was down 1.17% or 0.62 to $52.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.06% or 0.59 to hit $55.13 a barrel, while the February Gold contract rose 0.41% or 4.75 to trade at $1163.75 a troy ounce.

USD/TWD was down 0.23% to 31.744, while TWD/CNY rose 0.28% to 0.2180.

The US Dollar Index was down 0.14% at 100.94.

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