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Taiwan shares lower at close of trade; Taiwan Weighted down 0.29%

Published 02/04/2018, 04:45 pm
© Reuters.  Taiwan shares lower at close of trade; Taiwan Weighted down 0.29%
TWII
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TOPI
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TGLI
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1475
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1589
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2013
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2465
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2712
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3579
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Investing.com – Taiwan equities were lower at the close on Monday, as losses in the , Optoelectronic and Glass sectors propelled shares lower.

At the close in Taiwan, the Taiwan Weighted fell 0.29%.

The biggest gainers of the session on the Taiwan Weighted were China Steel Structure Co Ltd (TW:2013), which rose 9.97% or 2.85 points to trade at 31.45 at the close. Leadtek Research Inc (TW:2465) added 9.96% or 2.65 points to end at 29.25 and San Chih Semiconductor Inc Ltd (TW:3579) was up 9.93% or 1.45 points to 16.05 in late trade.

Biggest losers included Sumagh High Tech Corp (TW:1475), which lost 9.90% or 3.05 points to trade at 27.75 in late trade. Yeong Guan Energy Technology Group Co Ltd (TW:1589) declined 7.80% or 8.00 points to end at 94.50 and FarGlory Hotel Co Ltd (TW:2712) shed 7.68% or 2.15 points to 25.85.

Advancing stocks outnumbered falling ones by 424 to 389 and 102 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.45% or 0.29 to $65.23 a barrel. Meanwhile, Brent oil for delivery in June rose 0.63% or 0.44 to hit $69.78 a barrel, while the June Gold Futures contract rose 0.47% or 6.30 to trade at $1333.60 a troy ounce.

USD/TWD was up 0.44% to 29.115, while TWD/CNY rose 0.23% to 0.2161.

The US Dollar Index Futures was down 0.12% at 89.64.

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