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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.44%

Published 07/24/2018, 02:45 AM
Updated 07/24/2018, 02:45 AM
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.44%

Investing.com – Taiwan stocks were higher after the close on Tuesday, as gains in the Cement, Cement & Glass and Electronic Parts/Components sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.44% to hit a new 1-month high.

The best performers of the session on the Taiwan Weighted were Loop Telecommunication International Inc (TW:3025), which rose 9.87% or 2.95 points to trade at 32.85 at the close. Meanwhile, Gigabyte Technology Co Ltd (TW:2376) added 8.15% or 4.70 points to end at 62.40 and CMC Magnetics Corp (TW:2323) was up 7.90% or 0.620 points to 8.470 in late trade.

The worst performers of the session were Lung Hwa Electronics Co Ltd (TW:2424), which fell 9.60% or 3.10 points to trade at 29.20 at the close. Hota Industrial Mfg. Co Ltd (TW:1536) declined 6.52% or 9.00 points to end at 129.00 and MediaTek Inc (TW:2454) was down 6.08% or 16.50 points to 255.00.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 564 to 224 and 128 ended unchanged.

Crude oil for September delivery was down 0.16% or 0.11 to $67.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.12% or 0.09 to hit $72.97 a barrel, while the August Gold Futures contract fell 0.47% or 5.80 to trade at $1219.80 a troy ounce.

USD/TWD was up 0.30% to 30.723, while TWD/CNY rose 0.27% to 0.2218.

The US Dollar Index Futures was up 0.15% at 94.56.

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