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Taiwan shares lower at close of trade; Taiwan Weighted down 0.31%

Published 16/08/2018, 04:45 pm
© Reuters.  Taiwan shares lower at close of trade; Taiwan Weighted down 0.31%
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Investing.com – Taiwan equities were lower at the close on Thursday, as losses in the , Hotels and Electricity sectors propelled shares lower.

At the close in Taiwan, the Taiwan Weighted declined 0.31% to hit a new 1-month low.

The biggest gainers of the session on the Taiwan Weighted were Walsin Technology Corp (TW:2492), which rose 9.98% or 24.50 points to trade at 270.00 at the close. Ritek Corp (TW:2349) added 9.90% or 0.950 points to end at 10.550 and Yageo Corp (TW:2327) was up 8.69% or 53.00 points to 663.00 in late trade.

Biggest losers included Sumagh High Tech Corp (TW:1475), which lost 10.00% or 2.45 points to trade at 22.05 in late trade. Tung Kai Technology Engineering Co Ltd (TW:3018) declined 9.97% or 6.20 points to end at 56.00 and Hotel Holiday Garden (TW:2702) shed 9.86% or 2.05 points to 18.75.

Declining stocks outnumbered rising ones by 466 to 325 and 124 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.23% or 0.15 to $65.16 a barrel. Meanwhile, Brent oil for delivery in October rose 0.52% or 0.37 to hit $71.13 a barrel, while the December Gold Futures contract fell 0.16% or 1.90 to trade at $1183.10 a troy ounce.

USD/TWD was down 0.24% to 30.800, while TWD/CNY fell 0.18% to 0.2250.

The US Dollar Index Futures was down 0.28% at 96.32.

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