Investing.com – Taiwan equities were higher at the close on Friday, as gains in the Cement, Cement & Glass and Oil, Gas & Electricity sectors propelled shares higher.
At the close in Taiwan, the Taiwan Weighted added 0.79% to hit a new 52-week high.
The biggest gainers of the session on the Taiwan Weighted were Li Cheng (TW:4426), which rose 10.00% or 8.60 points to trade at 94.60 at the close. Meiloon Ind (TW:2477) added 10.00% or 1.75 points to end at 19.25 and Sdi Corp (TW:2351) was up 9.96% or 4.90 points to 54.10 in late trade.
Biggest losers included Sumagh High-Te (TW:1475), which lost 9.75% or 1.15 points to trade at 10.65 in late trade. I-Hwa Industrial Co Ltd (TW:1456) declined 9.62% or 1.50 points to end at 14.10 and Precision (TW:3016) shed 5.68% or 1.35 points to 22.40.
Declining stocks outnumbered rising ones by 415 to 373 and 90 ended unchanged on the Taiwan Stock Exchange.
In commodities trading, Crude oil for March delivery was up 0.25% or 0.13 to $53.13 a barrel. Meanwhile, Brent oil for delivery in April rose 0.25% or 0.14 to hit $55.77 a barrel, while the April Gold Futures contract fell 0.96% or 11.85 to trade at $1224.95 a troy ounce.
USD/TWD was up 0.05% to 31.060, while TWD/CNY rose 0.05% to 0.2212.
The US Dollar Index Futures was up 0.04% at 100.70.