Taiwan shares higher at close of trade; Taiwan Weighted up 1.17%

Taiwan shares higher at close of trade; Taiwan Weighted up 1.17%

Investing.com  | Jul 13, 2018 07:50

Taiwan shares higher at close of trade; Taiwan Weighted up 1.17%

Investing.com – Taiwan equities were higher at the close on Friday, as gains in the Machinery, Other Electronic and Auto sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted rose 1.17%.

The biggest gainers of the session on the Taiwan Weighted were King Core Electronics Inc (TW:6155), which rose 10.00% or 4.70 points to trade at 51.70 at the close. Rexon Industrial Corp Ltd (TW:1515) added 9.95% or 3.95 points to end at 43.65 and Lily Textile Co Ltd (TW:1443) was up 9.93% or 0.69 points to 7.64 in late trade.

Biggest losers included Arima Communications Corp (TW:8101), which lost 5.31% or 0.13 points to trade at 2.32 in late trade. Makalot Industrial Co Ltd (TW:1477) declined 4.36% or 6.00 points to end at 131.50 and Bonny Worldwide Ltd (TW:8467) shed 3.77% or 1.20 points to 30.60.

Advancing stocks outnumbered falling ones by 606 to 201 and 110 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for August delivery was down 0.11% or 0.08 to $70.25 a barrel. Meanwhile, Brent oil for delivery in September fell 0.38% or 0.28 to hit $74.17 a barrel, while the August Gold Futures contract fell 0.09% or 1.10 to trade at $1245.50 a troy ounce.

USD/TWD was up 0.13% to 30.550, while TWD/CNY fell 0.14% to 0.2179.

The US Dollar Index Futures was up 0.14% at 94.70.

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