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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.14%

Published 12/17/2018, 01:45 AM
Updated 12/17/2018, 01:45 AM
© Reuters.  Taiwan stocks higher at close of trade; Taiwan Weighted up 0.14%

Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Transport, Oil, Gas & Electricity and Cement sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted rose 0.14%.

The best performers of the session on the Taiwan Weighted were Chaintech Technology Corp (TW:2425), which rose 9.96% or 3.55 points to trade at 39.20 at the close. Meanwhile, Bonny Worldwide Ltd (TW:8467) added 9.92% or 3.00 points to end at 33.25 and Thunder Tiger Corp (TW:8033) was up 7.13% or 0.57 points to 8.56 in late trade.

The worst performers of the session were San Chih Semiconductor Inc Ltd (TW:3579), which fell 9.96% or 0.78 points to trade at 7.05 at the close. Green Energy Technology Inc (TW:3519) declined 9.96% or 0.55 points to end at 4.97 and Sumagh High Tech Corp (TW:1475) was down 8.84% or 1.10 points to 11.35.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 472 to 311 and 127 ended unchanged.

Shares in San Chih Semiconductor Inc Ltd (TW:3579) fell to all time lows; down 9.96% or 0.78 to 7.05. Shares in Green Energy Technology Inc (TW:3519) fell to all time lows; down 9.96% or 0.55 to 4.97.

Crude oil for February delivery was up 0.17% or 0.09 to $51.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.03% or 0.02 to hit $60.26 a barrel, while the February Gold Futures contract rose 0.01% or 0.15 to trade at $1241.55 a troy ounce.

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USD/TWD was down 0.03% to 30.846, while TWD/CNY fell 0.09% to 0.2240.

The US Dollar Index Futures was down 0.02% at 96.895.

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