Taiwan shares higher at close of trade; Taiwan Weighted up 0.56%

Taiwan shares higher at close of trade; Taiwan Weighted up 0.56%

Investing.com  | Mar 30, 2018 07:50

Taiwan shares higher at close of trade; Taiwan Weighted up 0.56%

Investing.com – Taiwan equities were higher at the close on Friday, as gains in the Glass, Iron & Steel and Communication and Internet sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted gained 0.56%.

The biggest gainers of the session on the Taiwan Weighted were Yeong Guan Energy Technology Group Co Ltd (TW:1589), which rose 10.00% or 8.60 points to trade at 94.60 at the close. CoAdna Holdings Inc (TW:4984) added 9.99% or 4.40 points to end at 48.45 and Hsin Kuang Steel Co Ltd (TW:2031) was up 9.96% or 3.35 points to 37.00 in late trade.

Biggest losers included Continental Holdings Corp (TW:3703), which lost 9.91% or 1.60 points to trade at 14.55 in late trade. Power Quotient International Co Ltd (TW:6145) declined 9.70% or 0.98 points to end at 9.12 and Hiyes International Co Ltd (TW:2348) shed 9.40% or 5.50 points to 53.00.

Advancing stocks outnumbered falling ones by 445 to 350 and 115 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.79% or 0.51 to $64.89 a barrel. Meanwhile, Brent oil for delivery in June rose 0.04% or 0.03 to hit $69.44 a barrel, while the April Gold Futures contract rose 0.06% or 0.80 to trade at $1325.00 a troy ounce.

USD/TWD was down 0.02% to 29.113, while TWD/CNY rose 0.42% to 0.2153.

The US Dollar Index Futures was down 0.01% at 89.75.

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