Taiwan shares higher at close of trade; Taiwan Weighted up 0.89%

Taiwan shares higher at close of trade; Taiwan Weighted up 0.89%

Investing.com  | Jul 20, 2018 07:45

Taiwan shares higher at close of trade; Taiwan Weighted up 0.89%

Investing.com – Taiwan equities were higher at the close on Friday, as gains in the Semiconductor, Optoelectronic and Electronics sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.89%.

The biggest gainers of the session on the Taiwan Weighted were Young Optics Inc (TW:3504), which rose 10.00% or 11.00 points to trade at 121.00 at the close. Calin Technology Co Ltd (TW:4976) added 9.96% or 5.30 points to end at 58.50 and Hotel Holiday Garden (TW:2702) was up 9.85% or 2.55 points to 28.45 in late trade.

Biggest losers included JSL Construction & Development Co Ltd (TW:2540), which lost 10.00% or 2.90 points to trade at 26.10 in late trade. Walsin Technology Corp (TW:2492) declined 9.95% or 38.00 points to end at 344.00 and King Core Electronics Inc (TW:6155) shed 9.85% or 4.05 points to 37.05.

Declining stocks outnumbered rising ones by 490 to 297 and 127 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.13% or 0.09 to $68.33 a barrel. Meanwhile, Brent oil for delivery in September rose 0.43% or 0.31 to hit $72.89 a barrel, while the August Gold Futures contract fell 0.10% or 1.20 to trade at $1222.80 a troy ounce.

USD/TWD was up 0.01% to 30.687, while TWD/CNY rose 0.05% to 0.2215.

The US Dollar Index Futures was down 0.11% at 94.88.

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