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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.19%

Stock MarketsNov 14, 2016 01:45AM ET
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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.19%

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

At the close in Taiwan, the Taiwan Weighted fell 0.19% to hit a new 1-month low.

The best performers of the session on the Taiwan Weighted were Shih Wei (TW:5608), which rose 9.93% or 0.85 points to trade at 9.41 at the close. Meanwhile, China Wire&Cab (TW:1603) added 9.93% or 1.50 points to end at 16.60 and U-Ming Marine (TW:2606) was up 9.87% or 2.30 points to 25.60 in late trade.

The worst performers of the session were Sunrace (TW:1526), which fell 9.29% or 1.30 points to trade at 12.70 at the close. Action Eltr (TW:3024) declined 8.94% or 0.710 points to end at 7.230 and Ennoconn (TW:6414) was down 6.64% or 28.50 points to 401.00.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 435 to 342 and 91 ended unchanged.

Shares in China Wire&Cab (TW:1603) rose to all time highs; gaining 9.93% or 1.50 to 16.60.

Crude oil for December delivery was down 0.12% or 0.05 to $43.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.07% or 0.03 to hit $44.78 a barrel, while the December Gold contract fell 0.48% or 5.85 to trade at $1218.45 a troy ounce.

USD/TWD was up 0.41% to 31.957, while TWD/CNY rose 0.09% to 0.2131.

The US Dollar Index was up 0.57% at 99.55.

Taiwan stocks lower at close of trade; Taiwan Weighted down 0.19%
 

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