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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.02%

Published 07/25/2017, 02:45 AM
Updated 07/25/2017, 02:45 AM
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.02%

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

At the close in Taiwan, the Taiwan Weighted added 0.02%.

The best performers of the session on the Taiwan Weighted were Jentech Precision Industrial Co Ltd (TW:3653), which rose 9.99% or 6.90 points to trade at 76.00 at the close. Meanwhile, ALi Corp (TW:3041) added 9.92% or 1.90 points to end at 21.05 and Sumagh High Tech Corp (TW:1475) was up 9.88% or 2.95 points to 32.80 in late trade.

The worst performers of the session were Prince Housing & Development Corp (TW:2511), which fell 8.33% or 1.00 points to trade at 11.00 at the close. Jye Tai Precision Industrial Co Ltd (TW:6165) declined 5.43% or 2.50 points to end at 43.50 and Taiwan Cement Corp (TW:1101) was down 4.03% or 1.45 points to 34.55.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 391 to 365 and 119 ended unchanged.

Shares in ALi Corp (TW:3041) rose to 52-week highs; gaining 9.92% or 1.90 to 21.05. Shares in Sumagh High Tech Corp (TW:1475) rose to 5-year highs; gaining 9.88% or 2.95 to 32.80.

Crude oil for September delivery was up 0.45% or 0.21 to $46.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.39% or 0.19 to hit $48.79 a barrel, while the August Gold Futures contract rose 0.24% or 2.95 to trade at $1257.25 a troy ounce.

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USD/TWD was down 0.14% to 30.309, while TWD/CNY rose 0.13% to 0.2229.

The US Dollar Index Futures was down 0.16% at 93.67.

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