Investing.com – Taiwan equities were higher at the close on Wednesday, as gains in the Auto, Hotels and Oil, Gas & Electricity sectors propelled shares higher.
At the close in Taiwan, the Taiwan Weighted added 0.37% to hit a new all time high.
The biggest gainers of the session on the Taiwan Weighted were Tycoons Group Enterprise Co Ltd (TW:2022), which rose 10.00% or 0.500 points to trade at 5.500 at the close. Jui Li Enterprise Co Ltd (TW:1512) added 10.00% or 0.83 points to end at 9.13 and China Electric Manufacturing Corp (TW:1611) was up 9.93% or 0.80 points to 8.86 in late trade.
Biggest losers included Kuangli Photoelectric Tech (TW:6431), which lost 8.86% or 1.05 points to trade at 10.80 in late trade. Falcon Power Co Ltd (TW:1516) declined 2.70% or 0.45 points to end at 16.20 and Lumax (TW:6192) shed 2.63% or 1.60 points to 59.30.
Advancing stocks outnumbered falling ones by 474 to 276 and 126 ended unchanged on the Taiwan Stock Exchange.
In commodities trading, Crude oil for July delivery was up 0.33% or 0.17 to $51.64 a barrel. Meanwhile, Brent oil for delivery in July rose 0.35% or 0.19 to hit $54.34 a barrel, while the June Gold Futures contract fell 0.49% or 6.14 to trade at $1249.36 a troy ounce.
USD/TWD was up 0.15% to 30.194, while TWD/CNY fell 0.04% to 0.2272.
The US Dollar Index Futures was up 0.03% at 97.31.