Taiwan shares higher at close of trade; Taiwan Weighted up 0.51%

Taiwan shares higher at close of trade; Taiwan Weighted up 0.51%

Investing.com  | Feb 01, 2018 06:45

Taiwan shares higher at close of trade; Taiwan Weighted up 0.51%

Investing.com – Taiwan equities were higher at the close on Thursday, as gains in the Semiconductor, Paper & Pulp and Other Electronic sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.51%.

The biggest gainers of the session on the Taiwan Weighted were AP Memory Technology Corp (TW:6531), which rose 9.98% or 8.80 points to trade at 97.00 at the close. Century Iron And Steel Industrial Co Ltd (TW:9958) added 9.97% or 4.35 points to end at 48.00 and Giantplus Technology Co Ltd (TW:8105) was up 9.81% or 1.80 points to 20.15 in late trade.

Biggest losers included Spirox Corp (TW:3055), which lost 6.35% or 2.00 points to trade at 29.50 in late trade. Faraday Technology Corp (TW:3035) declined 4.77% or 3.90 points to end at 77.90 and Global Unichip Corp (TW:3443) shed 4.17% or 15.00 points to 344.50.

Declining stocks outnumbered rising ones by 391 to 368 and 149 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for March delivery was up 0.11% or 0.07 to $64.80 a barrel. Meanwhile, Brent oil for delivery in April rose 0.13% or 0.09 to hit $68.98 a barrel, while the April Gold Futures contract rose 0.16% or 2.10 to trade at $1345.20 a troy ounce.

USD/TWD was down 0.10% to 29.147, while TWD/CNY unchanged 0.00% to 0.2150.

The US Dollar Index Futures was up 0.11% at 89.05.

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