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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.53%

Published 11/30/2016, 01:45 AM
Updated 11/30/2016, 01:45 AM
© Reuters.  Taiwan stocks higher at close of trade; Taiwan Weighted up 0.53%

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

At the close in Taiwan, the Taiwan Weighted added 0.53%.

The best performers of the session on the Taiwan Weighted were Kingcan (TW:8411), which rose 9.98% or 2.90 points to trade at 31.95 at the close. Meanwhile, Pacific Constr (TW:2506) added 9.91% or 1.10 points to end at 12.20 and Kee Tai Proper (TW:2538) was up 9.89% or 0.90 points to 10.00 in late trade.

The worst performers of the session were Transasia (TW:6702), which fell 9.84% or 0.37 points to trade at 3.39 at the close. Ygg (TW:1589) declined 5.31% or 6.00 points to end at 107.00 and Silergy (TW:6415) was down 5.17% or 26.50 points to 486.50.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 446 to 319 and 106 ended unchanged.

Shares in Kingcan (TW:8411) rose to 52-week highs; rising 9.98% or 2.90 to 31.95. Shares in Transasia (TW:6702) fell to all time lows; falling 9.84% or 0.37 to 3.39.

Crude oil for January delivery was up 0.75% or 0.34 to $45.57 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.80% or 0.38 to hit $47.70 a barrel, while the February Gold contract rose 0.08% or 0.95 to trade at $1191.75 a troy ounce.

USD/TWD was up 0.17% to 31.872, while TWD/CNY fell 0.32% to 0.2168.

The US Dollar Index was up 0.11% at 101.09.

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