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Taiwan stocks lower at close of trade; Taiwan Weighted down 6.31%

Published 10/11/2018, 02:45 AM
Updated 10/11/2018, 02:45 AM
© Reuters.  Taiwan stocks lower at close of trade; Taiwan Weighted down 6.31%

© Reuters. Taiwan stocks lower at close of trade; Taiwan Weighted down 6.31%

Investing.com – Taiwan stocks were lower after the close on Thursday, as losses in the , Optoelectronic and Glass sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted fell 6.31% to hit a new 52-week low.

The best performers of the session on the Taiwan Weighted were Chroma ATE Inc (TW:2360), which rose 9.96% or 11.50 points to trade at 127.00 at the close. Meanwhile, Fortune Information Systems Corp (TW:2468) added 9.86% or 1.05 points to end at 11.70 and Chuwa Wool Industry Co Taiwan Ltd (TW:1439) was up 6.42% or 1.70 points to 28.20 in late trade.

The worst performers of the session were Chyang Sheng Dyeing & Finishing Co Ltd (TW:1463), which fell 10.00% or 1.45 points to trade at 13.05 at the close. Victory New Materials Ltd Co (TW:1340) declined 10.00% or 2.65 points to end at 23.85 and Anderson Industrial Corp (TW:1528) was down 10.00% or 1.15 points to 10.35.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 893 to 12 and 5 ended unchanged.

Shares in Chyang Sheng Dyeing & Finishing Co Ltd (TW:1463) fell to 5-year lows; falling 10.00% or 1.45 to 13.05. Shares in Victory New Materials Ltd Co (TW:1340) fell to all time lows; falling 10.00% or 2.65 to 23.85. Shares in Anderson Industrial Corp (TW:1528) fell to 52-week lows; down 10.00% or 1.15 to 10.35.

Crude oil for November delivery was down 1.30% or 0.95 to $72.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.35% or 1.12 to hit $81.97 a barrel, while the December Gold Futures contract rose 0.36% or 4.30 to trade at $1197.70 a troy ounce.

USD/TWD was up 0.06% to 31.115, while TWD/CNY rose 0.31% to 0.2244.

The US Dollar Index Futures was down 0.19% at 95.04.

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