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Taiwan shares lower at close of trade; Taiwan Weighted down 1.10%

Published 24/04/2018, 04:45 pm
Taiwan shares lower at close of trade; Taiwan Weighted down 1.10%
TWII
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TEEI
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TGLI
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1527
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2388
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3593
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3645
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9935
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8463
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Investing.com – Taiwan equities were lower at the close on Tuesday, as losses in the , Glass and Electricity sectors propelled shares lower.

At the close in Taiwan, the Taiwan Weighted declined 1.10% to hit a new 1-month low.

The biggest gainers of the session on the Taiwan Weighted were Logah Technology Corp (TW:3593), which rose 9.95% or 0.86 points to trade at 9.50 at the close. Basso Industry Corp (TW:1527) added 9.94% or 5.20 points to end at 57.50 and Ruentex Materials Co Ltd (TW:8463) was up 9.90% or 1.95 points to 21.65 in late trade.

Biggest losers included Ching Feng Home Fashions Co Ltd (TW:9935), which lost 10.00% or 2.00 points to trade at 18.00 in late trade. VIA Technologies Inc (TW:2388) declined 9.94% or 3.20 points to end at 29.00 and Taimide Tech Inc (TW:3645) shed 9.91% or 7.40 points to 67.30.

Declining stocks outnumbered rising ones by 746 to 104 and 60 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for June delivery was up 0.87% or 0.60 to $69.24 a barrel. Meanwhile, Brent oil for delivery in June rose 0.68% or 0.51 to hit $75.22 a barrel, while the June Gold Futures contract rose 0.32% or 4.30 to trade at $1328.30 a troy ounce.

USD/TWD was up 0.06% to 29.632, while TWD/CNY unchanged 0.00% to 0.2131.

The US Dollar Index Futures was down 0.02% at 90.67.

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