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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.20%

Stock MarketsSep 14, 2017 02:45AM ET
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© Reuters. Taiwan stocks higher at close of trade; Taiwan Weighted up 0.20%

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

At the close in Taiwan, the Taiwan Weighted rose 0.20%.

The best performers of the session on the Taiwan Weighted were Paragon Technologies Co Ltd (TW:3518), which rose 10.00% or 3.25 points to trade at 35.75 at the close. Meanwhile, Jung Shing Wire Co Ltd (TW:1617) added 10.00% or 1.35 points to end at 14.85 and Tri Ocean Textile Co Ltd (TW:1472) was up 9.92% or 1.85 points to 20.50 in late trade.

The worst performers of the session were TPK Holding Co Ltd (TW:3673), which fell 4.22% or 5.00 points to trade at 113.50 at the close. Optimax Technology Corp (TW:3051) declined 3.93% or 0.18 points to end at 4.40 and Ene Technology Inc (TW:6243) was down 3.66% or 0.70 points to 18.40.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 434 to 312 and 127 ended unchanged.

Shares in Paragon Technologies Co Ltd (TW:3518) rose to 52-week highs; rising 10.00% or 3.25 to 35.75. Shares in Jung Shing Wire Co Ltd (TW:1617) rose to 5-year highs; gaining 10.00% or 1.35 to 14.85. Shares in Tri Ocean Textile Co Ltd (TW:1472) rose to 52-week highs; up 9.92% or 1.85 to 20.50.

Crude oil for October delivery was down 0.16% or 0.08 to $49.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.34% or 0.19 to hit $54.97 a barrel, while the December Gold Futures contract fell 0.14% or 1.87 to trade at $1326.13 a troy ounce.

USD/TWD was up 0.21% to 30.113, while TWD/CNY rose 0.05% to 0.2158.

The US Dollar Index Futures was up 0.04% at 92.43.

Taiwan stocks higher at close of trade; Taiwan Weighted up 0.20%

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