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Taiwan shares higher at close of trade; Taiwan Weighted up 0.35%

Published 18/04/2018, 04:45 pm
© Reuters.  Taiwan shares higher at close of trade; Taiwan Weighted up 0.35%
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Investing.com – Taiwan equities were higher at the close on Wednesday, as gains in the Electronic Parts/Components, Machinery and Glass sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.35%.

The biggest gainers of the session on the Taiwan Weighted were Min Aik Precision Industrial Co Ltd (TW:4545), which rose 10.00% or 4.40 points to trade at 48.40 at the close. Nichidenbo Corp (TW:3090) added 9.99% or 6.80 points to end at 74.90 and VIA Technologies Inc (TW:2388) was up 9.98% or 2.85 points to 31.40 in late trade.

Biggest losers included Global Unichip Corp (TW:3443), which lost 9.87% or 29.50 points to trade at 269.50 in late trade. Lung Hwa Electronics Co Ltd (TW:2424) declined 8.01% or 2.05 points to end at 23.55 and Paiho Shih Holdings Corp (TW:8404) shed 6.04% or 3.20 points to 49.80.

Advancing stocks outnumbered falling ones by 421 to 366 and 127 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.81% or 0.54 to $67.06 a barrel. Meanwhile, Brent oil for delivery in June rose 0.78% or 0.56 to hit $72.14 a barrel, while the June Gold Futures contract fell 0.16% or 2.20 to trade at $1347.30 a troy ounce.

USD/TWD was down 0.03% to 29.355, while TWD/CNY rose 0.09% to 0.2141.

The US Dollar Index Futures was up 0.06% at 89.27.

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