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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.39%

Published 02/26/2018, 01:45 AM
Updated 02/26/2018, 01:45 AM
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.39%

Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Paper & Pulp, Trading & Consumer Goods and Oil, Gas & Electricity sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted rose 0.39%.

The best performers of the session on the Taiwan Weighted were Biostar Microtech International Corp (TW:2399), which rose 9.97% or 1.85 points to trade at 20.40 at the close. Meanwhile, APAQ Technology Co Ltd (TW:6449) added 9.94% or 5.30 points to end at 58.60 and Lien Chang Electronic Enterprise Co Ltd (TW:2431) was up 9.92% or 1.30 points to 14.40 in late trade.

The worst performers of the session were Gamma Optical Co Ltd (TW:3557), which fell 6.49% or 1.200 points to trade at 17.300 at the close. Chroma ATE Inc (TW:2360) declined 5.09% or 8.50 points to end at 158.50 and Jye Tai Precision Industrial Co Ltd (TW:6165) was down 4.70% or 0.90 points to 18.25.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 516 to 277 and 120 ended unchanged.

Shares in Biostar Microtech International Corp (TW:2399) rose to 5-year highs; gaining 9.97% or 1.85 to 20.40.

Crude oil for April delivery was up 0.35% or 0.22 to $63.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.16% or 0.11 to hit $67.15 a barrel, while the April Gold Futures contract rose 0.79% or 10.50 to trade at $1340.80 a troy ounce.

USD/TWD was down 0.12% to 29.225, while TWD/CNY unchanged 0.00% to 0.2163.

The US Dollar Index Futures was down 0.26% at 89.58.

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