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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.07%

Published 12/24/2018, 01:45 AM
Updated 12/24/2018, 01:45 AM
© Reuters.  Taiwan stocks lower at close of trade; Taiwan Weighted down 0.07%

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

At the close in Taiwan, the Taiwan Weighted declined 0.07% to hit a new 1-month low.

The best performers of the session on the Taiwan Weighted were Southeast Cement Co Ltd (TW:1110), which rose 10.00% or 1.55 points to trade at 17.05 at the close. Meanwhile, Jui Li Enterprise Co Ltd (TW:1512) added 9.90% or 0.77 points to end at 8.55 and GeoVision Inc (TW:3356) was up 9.88% or 2.80 points to 31.15 in late trade.

The worst performers of the session were Green Energy Technology Inc (TW:3519), which fell 10.00% or 0.33 points to trade at 2.97 at the close. Tatung Co (TW:2371) declined 9.83% or 2.65 points to end at 24.30 and San Chih Semiconductor Inc Ltd (TW:3579) was down 7.12% or 0.47 points to 6.13.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 473 to 312 and 122 ended unchanged.

Shares in Southeast Cement Co Ltd (TW:1110) rose to 3-years highs; rising 10.00% or 1.55 to 17.05. Shares in Green Energy Technology Inc (TW:3519) fell to all time lows; falling 10.00% or 0.33 to 2.97. Shares in San Chih Semiconductor Inc Ltd (TW:3579) fell to all time lows; falling 7.12% or 0.47 to 6.13.

Crude oil for February delivery was up 0.44% or 0.20 to $45.79 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.33% or 0.18 to hit $54.28 a barrel, while the February Gold Futures contract rose 0.58% or 7.25 to trade at $1265.35 a troy ounce.

USD/TWD was up 0.01% to 30.812, while TWD/CNY rose 0.18% to 0.2238.

The US Dollar Index Futures was down 0.13% at 96.333.

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I think China would like to change the title to Taiwan, China instead.
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