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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.20%

Published 09/18/2015, 02:45 AM
Updated 09/18/2015, 02:45 AM
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.20%

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

At the close in Taiwan, the Taiwan Weighted added 0.20% to hit a new 1-month high.

The best performers of the session on the Taiwan Weighted were Tainan Cayman (TW:5906), which rose 10.00% or 0.22 points to trade at 2.42 at the close. Meanwhile, Pacific Constr (TW:2506) added 10.00% or 1.65 points to end at 18.15 and Tri Ocean Text (TW:1472) was up 10.00% or 1.25 points to 13.75 in late trade.

The worst performers of the session were Mosel (TW:2342), which fell 9.76% or 0.24 points to trade at 2.22 at the close. Hey-Song (TW:1234) declined 8.33% or 2.80 points to end at 30.80 and Goldsun Const (TW:2504) was down 6.85% or 0.61 points to 8.29.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 592 to 247 and 3 ended unchanged.

Shares in Pacific Constr (TW:2506) rose to all time highs; rising 10.00% or 1.65 to 18.15. Shares in Hey-Song (TW:1234) fell to 3-years lows; losing 8.33% or 2.80 to 30.80.

Crude oil for October delivery was down 0.83% or 0.39 to $46.51 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.36% or 0.17 to hit $48.91 a barrel, while the December Gold contract rose 0.93% or 10.40 to trade at $1127.40 a troy ounce.

USD/TWD was down 0.19% to 32.318, while TWD/CNY fell 0.30% to 0.1977.

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The US Dollar Index was up 0.08% at 94.70.

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