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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.77%

Published 12/28/2017, 01:45 AM
Updated 12/28/2017, 01:45 AM
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.77%

Investing.com – Taiwan stocks were higher after the close on Thursday, as gains in the Glass, Optoelectronic and Other Electronic sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted gained 0.77%.

The best performers of the session on the Taiwan Weighted were Tidehold Development Co Ltd (TW:9902), which rose 10.00% or 1.00 points to trade at 11.00 at the close. Meanwhile, Uniflex Technology Inc (TW:3321) added 9.97% or 1.70 points to end at 18.75 and Jih Lin Technology Co Ltd (TW:5285) was up 9.96% or 8.30 points to 91.60 in late trade.

The worst performers of the session were Sumagh High Tech Corp (TW:1475), which fell 9.97% or 5.90 points to trade at 53.30 at the close. Lily Textile Co Ltd (TW:1443) declined 5.88% or 0.30 points to end at 4.80 and Evertex Fabrinology Ltd (TW:1470) was down 4.74% or 0.90 points to 18.10.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 551 to 199 and 135 ended unchanged.

Shares in Uniflex Technology Inc (TW:3321) rose to 52-week highs; up 9.97% or 1.70 to 18.75. Shares in Jih Lin Technology Co Ltd (TW:5285) rose to all time highs; gaining 9.96% or 8.30 to 91.60.

Crude oil for February delivery was up 0.22% or 0.13 to $59.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.26% or 0.17 to hit $66.16 a barrel, while the February Gold Futures contract rose 0.19% or 2.40 to trade at $1293.80 a troy ounce.

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USD/TWD was down 0.44% to 29.804, while TWD/CNY rose 0.14% to 0.2190.

The US Dollar Index Futures was down 0.21% at 92.47.

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