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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.97%

Published 03/09/2017, 01:45 AM
Updated 03/09/2017, 01:45 AM
© Reuters.  Taiwan stocks lower at close of trade; Taiwan Weighted down 0.97%

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

At the close in Taiwan, the Taiwan Weighted declined 0.97%.

The best performers of the session on the Taiwan Weighted were Jye Tai Precision Industrial Co Ltd (TW:6165), which rose 10.00% or 3.70 points to trade at 40.70 at the close. Meanwhile, Hong Ho Precis (TW:1446) added 9.98% or 2.00 points to end at 22.05 and Goodway (TW:1583) was up 9.95% or 5.80 points to 64.10 in late trade.

The worst performers of the session were Pao Lung (TW:1906), which fell 7.34% or 2.15 points to trade at 27.15 at the close. Sumagh High-Te (TW:1475) declined 6.76% or 0.71 points to end at 9.79 and Silitech Tech (TW:3311) was down 6.02% or 1.05 points to 16.40.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 587 to 208 and 79 ended unchanged.

Shares in Jye Tai Precision Industrial Co Ltd (TW:6165) rose to 3-years highs; up 10.00% or 3.70 to 40.70. Shares in Hong Ho Precis (TW:1446) rose to 52-week highs; rising 9.98% or 2.00 to 22.05. Shares in Goodway (TW:1583) rose to 52-week highs; gaining 9.95% or 5.80 to 64.10.

Crude oil for April delivery was up 0.56% or 0.28 to $50.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.75% or 0.40 to hit $53.51 a barrel, while the April Gold Futures contract fell 0.45% or 5.45 to trade at $1203.95 a troy ounce.

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USD/TWD was up 0.50% to 31.027, while TWD/CNY unchanged 0.00% to 0.2230.

The US Dollar Index Futures was up 0.05% at 102.16.

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