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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.15%

Published 11/18/2016, 01:45 AM
Updated 11/18/2016, 01:45 AM
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.15%

Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the Optoelectronic, Biotech & Medical Care and Transport sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted gained 0.15%.

The best performers of the session on the Taiwan Weighted were Genius (TW:3406), which rose 9.98% or 5.90 points to trade at 65.00 at the close. Meanwhile, Everspring Ind (TW:2390) added 9.96% or 1.35 points to end at 14.90 and First Steamshi (TW:2601) was up 9.90% or 0.72 points to 7.99 in late trade.

The worst performers of the session were Tai-I (TW:1613), which fell 9.85% or 0.270 points to trade at 2.470 at the close. Genesis Photon (TW:3383) declined 9.76% or 0.32 points to end at 2.96 and Formosa Oilsee (TW:1225) was down 8.90% or 4.25 points to 43.50.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 529 to 242 and 104 ended unchanged.

Shares in Tai-I (TW:1613) fell to 3-years lows; losing 9.85% or 0.270 to 2.470. Shares in Genesis Photon (TW:3383) fell to all time lows; falling 9.76% or 0.32 to 2.96.

Crude oil for December delivery was down 0.99% or 0.45 to $44.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.71% or 0.33 to hit $46.16 a barrel, while the December Gold contract fell 0.77% or 9.40 to trade at $1207.50 a troy ounce.

USD/TWD was up 0.65% to 32.066, while TWD/CNY fell 0.05% to 0.2137.

The US Dollar Index was up 0.33% at 101.33.

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