Taiwan shares higher at close of trade; Taiwan Weighted up 0.14%

Taiwan shares higher at close of trade; Taiwan Weighted up 0.14%

Investing.com  | May 03, 2017 07:45

Taiwan shares higher at close of trade; Taiwan Weighted up 0.14%

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

At the close in Taiwan, the Taiwan Weighted rose 0.14% to hit a new 1-month high.

The biggest gainers of the session on the Taiwan Weighted were Cx Tech (TW:2415), which rose 10.00% or 3.30 points to trade at 36.30 at the close. Right Way Ind (TW:1506) added 9.79% or 2.15 points to end at 24.10 and Sunrace (TW:1526) was up 9.73% or 1.60 points to 18.05 in late trade.

Biggest losers included Inventec Besta (TW:8201), which lost 10.00% or 1.45 points to trade at 13.05 in late trade. Pihsiang (TW:1729) declined 9.98% or 5.45 points to end at 49.15 and King Core (TW:6155) shed 9.98% or 2.45 points to 22.10.

Declining stocks outnumbered rising ones by 456 to 296 and 122 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for June delivery was up 0.80% or 0.38 to $48.04 a barrel. Meanwhile, Brent oil for delivery in July rose 0.93% or 0.47 to hit $50.93 a barrel, while the June Gold Futures contract fell 0.09% or 1.13 to trade at $1255.87 a troy ounce.

USD/TWD was down 0.05% to 30.036, while TWD/CNY fell 0.09% to 0.2297.

The US Dollar Index Futures was up 0.13% at 98.91.

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