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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.29%

Published 04/25/2016, 02:45 AM
Updated 04/25/2016, 02:45 AM
© Reuters.  Taiwan stocks higher at close of trade; Taiwan Weighted up 0.29%

Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Textile, Oil, Gas & Electricity and Auto sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.29%.

The best performers of the session on the Taiwan Weighted were Precision (TW:3016), which rose 9.98% or 2.10 points to trade at 23.15 at the close. Meanwhile, Msi (TW:2377) added 9.98% or 4.90 points to end at 54.00 and Phytohealth (TW:4108) was up 9.96% or 3.35 points to 37.00 in late trade.

The worst performers of the session were Genesis Photon (TW:3383), which fell 10.00% or 0.63 points to trade at 5.67 at the close. Tainergy Tech (TW:4934) declined 9.83% or 1.70 points to end at 15.60 and Tong-Hwa Synth (TW:1418) was down 8.91% or 0.49 points to 5.01.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 410 to 326 and 116 ended unchanged.

Shares in Genesis Photon (TW:3383) fell to all time lows; losing 10.00% or 0.63 to 5.67. Shares in Msi (TW:2377) rose to all time highs; up 9.98% or 4.90 to 54.00.

Crude oil for June delivery was down 0.50% or 0.22 to $43.51 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.33% or 0.15 to hit $44.92 a barrel, while the June Gold contract rose 0.57% or 7.05 to trade at $1237.05 a troy ounce.

USD/TWD was up 0.11% to 32.363, while TWD/CNY rose 0.15% to 0.2006.

The US Dollar Index was down 0.22% at 94.90.

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