Taiwan shares higher at close of trade; Taiwan Weighted up 0.40%

Taiwan shares higher at close of trade; Taiwan Weighted up 0.40%

Investing.com  | Nov 22, 2017 06:45

Taiwan shares higher at close of trade; Taiwan Weighted up 0.40%

Investing.com – Taiwan equities were higher at the close on Wednesday, as gains in the Paper & Pulp, Trading & Consumer Goods and Iron & Steel sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.40%.

The biggest gainers of the session on the Taiwan Weighted were Leadtek Research Inc (TW:2465), which rose 9.98% or 2.00 points to trade at 22.05 at the close. Genius Electronic Optical Co Ltd (TW:3406) added 9.97% or 32.50 points to end at 358.50 and Chia Her Industrial Co Ltd (TW:1449) was up 9.96% or 0.54 points to 5.96 in late trade.

Biggest losers included Rexon Industrial Corp Ltd (TW:1515), which lost 7.74% or 5.20 points to trade at 62.00 in late trade. ALi Corp (TW:3041) declined 6.09% or 1.05 points to end at 16.20 and AOPEN Inc (TW:3046) shed 5.72% or 0.34 points to 5.60.

Advancing stocks outnumbered falling ones by 434 to 343 and 105 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for January delivery was up 1.48% or 0.84 to $57.67 a barrel. Meanwhile, Brent oil for delivery in January rose 0.83% or 0.52 to hit $63.09 a barrel, while the December Gold Futures contract rose 0.13% or 1.64 to trade at $1283.34 a troy ounce.

USD/TWD was down 0.45% to 29.921, while TWD/CNY fell 0.09% to 0.2210.

The US Dollar Index Futures was down 0.17% at 93.73.

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