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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.27%

Published 08/31/2018, 02:45 AM
Updated 08/31/2018, 02:45 AM
Taiwan stocks lower at close of trade; Taiwan Weighted down 0.27%

Investing.com – Taiwan stocks were lower after the close on Friday, as losses in the , Semiconductor and Hotels sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted declined 0.27%.

The best performers of the session on the Taiwan Weighted were Gigastorage Corp (TW:2406), which rose 10.00% or 0.90 points to trade at 9.90 at the close. Meanwhile, Faraday Technology Corp (TW:3035) added 9.98% or 6.50 points to end at 71.60 and Action Electronics Co Ltd (TW:3024) was up 9.96% or 0.740 points to 8.170 in late trade.

The worst performers of the session were General Interface Solution GIS Holding Ltd (TW:6456), which fell 5.46% or 11.00 points to trade at 190.50 at the close. Taiwan Prosperity Chemical Corp (TW:4725) declined 5.31% or 1.85 points to end at 33.00 and Gourmet Master Co Ltd (TW:2723) was down 4.97% or 11.50 points to 220.00.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 452 to 330 and 129 ended unchanged.

Shares in Action Electronics Co Ltd (TW:3024) rose to 52-week highs; gaining 9.96% or 0.740 to 8.170. Shares in Gourmet Master Co Ltd (TW:2723) fell to 52-week lows; down 4.97% or 11.50 to 220.00.

Crude oil for October delivery was unchanged 0.00% or 0.00 to $70.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.14% or 0.11 to hit $77.91 a barrel, while the December Gold Futures contract rose 0.38% or 4.60 to trade at $1209.60 a troy ounce.

USD/TWD was down 0.12% to 30.714, while TWD/CNY fell 0.09% to 0.2222.

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The US Dollar Index Futures was down 0.03% at 94.61.

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