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Taiwan stocks higher at close of trade; Taiwan Weighted up 1.17%

Published 07/13/2018, 02:45 AM
Updated 07/13/2018, 02:50 AM
Taiwan stocks higher at close of trade; Taiwan Weighted up 1.17%

Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the Machinery, Other Electronic and Auto sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted added 1.17%.

The best performers of the session on the Taiwan Weighted were King Core Electronics Inc (TW:6155), which rose 10.00% or 4.70 points to trade at 51.70 at the close. Meanwhile, Rexon Industrial Corp Ltd (TW:1515) added 9.95% or 3.95 points to end at 43.65 and Lily Textile Co Ltd (TW:1443) was up 9.93% or 0.69 points to 7.64 in late trade.

The worst performers of the session were Arima Communications Corp (TW:8101), which fell 5.31% or 0.13 points to trade at 2.32 at the close. Makalot Industrial Co Ltd (TW:1477) declined 4.36% or 6.00 points to end at 131.50 and Bonny Worldwide Ltd (TW:8467) was down 3.77% or 1.20 points to 30.60.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 606 to 201 and 110 ended unchanged.

Shares in King Core Electronics Inc (TW:6155) rose to all time highs; gaining 10.00% or 4.70 to 51.70. Shares in Arima Communications Corp (TW:8101) fell to all time lows; losing 5.31% or 0.13 to 2.32. Shares in Lily Textile Co Ltd (TW:1443) rose to 3-years highs; up 9.93% or 0.69 to 7.64. Shares in Bonny Worldwide Ltd (TW:8467) fell to all time lows; losing 3.77% or 1.20 to 30.60.

Crude oil for August delivery was down 0.11% or 0.08 to $70.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.36% or 0.27 to hit $74.18 a barrel, while the August Gold Futures contract fell 0.08% or 1.00 to trade at $1245.60 a troy ounce.

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USD/TWD was up 0.13% to 30.550, while TWD/CNY fell 0.14% to 0.2179.

The US Dollar Index Futures was up 0.14% at 94.70.

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