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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.89%

Published 07/20/2018, 02:45 AM
Updated 07/20/2018, 02:45 AM
© Reuters.  Taiwan stocks higher at close of trade; Taiwan Weighted up 0.89%

Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the Semiconductor, Optoelectronic and Electronics sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted rose 0.89%.

The best performers of the session on the Taiwan Weighted were Young Optics Inc (TW:3504), which rose 10.00% or 11.00 points to trade at 121.00 at the close. Meanwhile, Calin Technology Co Ltd (TW:4976) added 9.96% or 5.30 points to end at 58.50 and Hotel Holiday Garden (TW:2702) was up 9.85% or 2.55 points to 28.45 in late trade.

The worst performers of the session were JSL Construction & Development Co Ltd (TW:2540), which fell 10.00% or 2.90 points to trade at 26.10 at the close. Walsin Technology Corp (TW:2492) declined 9.95% or 38.00 points to end at 344.00 and King Core Electronics Inc (TW:6155) was down 9.85% or 4.05 points to 37.05.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 490 to 297 and 127 ended unchanged.

Shares in Hotel Holiday Garden (TW:2702) rose to all time highs; gaining 9.85% or 2.55 to 28.45.

Crude oil for September delivery was up 0.15% or 0.10 to $68.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.43% or 0.31 to hit $72.89 a barrel, while the August Gold Futures contract fell 0.08% or 1.00 to trade at $1223.00 a troy ounce.

USD/TWD was down 0.00% to 30.682, while TWD/CNY rose 0.05% to 0.2215.

The US Dollar Index Futures was down 0.11% at 94.88.

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