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Taiwan shares higher at close of trade; Taiwan Weighted up 0.26%

Published 21/03/2018, 05:45 pm
© Reuters.  Taiwan shares higher at close of trade; Taiwan Weighted up 0.26%
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Investing.com – Taiwan equities were higher at the close on Wednesday, as gains in the Textile, Optoelectronic and Hotels sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted gained 0.26%.

The biggest gainers of the session on the Taiwan Weighted were AzureWave Technologies Inc (TW:3694), which rose 10.00% or 1.75 points to trade at 19.25 at the close. Crowell Development Corp (TW:2528) added 10.00% or 1.75 points to end at 19.25 and Hiyes International Co Ltd (TW:2348) was up 10.00% or 3.15 points to 34.65 in late trade.

Biggest losers included Abocom Systems Inc (TW:2444), which lost 10.00% or 3.65 points to trade at 32.85 in late trade. Optimax Technology Corp (TW:3051) declined 8.62% or 0.43 points to end at 4.56 and Formosa Petrochemical Corp (TW:6505) shed 8.23% or 9.50 points to 106.00.

Advancing stocks outnumbered falling ones by 422 to 345 and 147 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.19% or 0.12 to $63.66 a barrel. Meanwhile, Brent oil for delivery in May rose 0.21% or 0.14 to hit $67.56 a barrel, while the April Gold Futures contract rose 0.14% or 1.80 to trade at $1313.70 a troy ounce.

USD/TWD was up 0.08% to 29.182, while TWD/CNY rose 0.18% to 0.2166.

The US Dollar Index Futures was down 0.20% at 89.83.

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