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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.81%

Published 10/16/2018, 02:45 AM
Updated 10/16/2018, 02:45 AM
© Reuters.  Taiwan stocks higher at close of trade; Taiwan Weighted up 0.81%

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

At the close in Taiwan, the Taiwan Weighted added 0.81%.

The best performers of the session on the Taiwan Weighted were Teapo Electronic Corp (TW:2375), which rose 9.87% or 3.55 points to trade at 39.50 at the close. Meanwhile, Leadtek Research Inc (TW:2465) added 9.72% or 1.05 points to end at 11.85 and Lung Hwa Electronics Co Ltd (TW:2424) was up 9.23% or 2.40 points to 28.40 in late trade.

The worst performers of the session were Taiwan Paiho Ltd (TW:9938), which fell 7.07% or 3.50 points to trade at 46.00 at the close. Nanya Technology Corp (TW:2408) declined 5.42% or 3.10 points to end at 54.10 and Silergy Corp (TW:6415) was down 5.29% or 24.00 points to 430.00.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 511 to 299 and 101 ended unchanged.

Shares in Taiwan Paiho Ltd (TW:9938) fell to 3-years lows; falling 7.07% or 3.50 to 46.00. Shares in Silergy Corp (TW:6415) fell to 52-week lows; falling 5.29% or 24.00 to 430.00.

Crude oil for November delivery was down 0.17% or 0.12 to $71.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.07% or 0.06 to hit $80.72 a barrel, while the December Gold Futures contract unchanged 0.00% or 0.00 to trade at $1230.30 a troy ounce.

USD/TWD was down 0.08% to 30.864, while TWD/CNY rose 0.09% to 0.2240.

The US Dollar Index Futures was up 0.02% at 94.79.

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