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Taiwan stocks higher at close of trade; Taiwan Weighted up 1.00%

Published 03/16/2017, 02:45 AM
Updated 03/16/2017, 02:45 AM
© Reuters.  Taiwan stocks higher at close of trade; Taiwan Weighted up 1.00%

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

At the close in Taiwan, the Taiwan Weighted gained 1.00% to hit a new 52-week high.

The best performers of the session on the Taiwan Weighted were Holystone (TW:3026), which rose 10.00% or 3.45 points to trade at 37.95 at the close. Meanwhile, Tung Kai Tech (TW:3018) added 10.00% or 2.40 points to end at 26.40 and Av Tech (TW:8072) was up 9.93% or 2.15 points to 23.80 in late trade.

The worst performers of the session were Apex International Co Ltd (TW:4927), which fell 9.86% or 3.40 points to trade at 31.10 at the close. Sun Yad Tech (TW:1316) declined 5.90% or 1.60 points to end at 25.50 and Jui Li (TW:1512) was down 4.39% or 0.34 points to 7.41.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 497 to 277 and 105 ended unchanged.

Shares in Holystone (TW:3026) rose to 52-week highs; gaining 10.00% or 3.45 to 37.95. Shares in Tung Kai Tech (TW:3018) rose to 52-week highs; gaining 10.00% or 2.40 to 26.40.

Crude oil for April delivery was up 0.61% or 0.30 to $49.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.68% or 0.35 to hit $52.16 a barrel, while the April Gold Futures contract rose 2.19% or 26.25 to trade at $1226.95 a troy ounce.

USD/TWD was up 0.44% to 30.634, while TWD/CNY fell 0.22% to 0.2259.

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The US Dollar Index Futures was down 0.04% at 100.32.

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