Taiwan shares lower at close of trade; Taiwan Weighted down 0.29%

Taiwan shares lower at close of trade; Taiwan Weighted down 0.29%

Investing.com  | Oct 20, 2017 07:45

Taiwan shares lower at close of trade; Taiwan Weighted down 0.29%

Investing.com – Taiwan equities were lower at the close on Friday, as losses in the , Paper & Pulp and Optoelectronic sectors propelled shares lower.

At the close in Taiwan, the Taiwan Weighted declined 0.29%.

The biggest gainers of the session on the Taiwan Weighted were Rexon Industrial Corp Ltd (TW:1515), which rose 10.00% or 5.70 points to trade at 62.70 at the close. Min Aik Precision Industrial Co Ltd (TW:4545) added 9.93% or 4.10 points to end at 45.40 and Huang Hsiang Construction Corp (TW:2545) was up 9.70% or 2.90 points to 32.80 in late trade.

Biggest losers included Universal Microelectronics Co Ltd (TW:2413), which lost 8.08% or 1.75 points to trade at 19.90 in late trade. Global Unichip Corp (TW:3443) declined 6.59% or 20.50 points to end at 290.50 and PCL Technologies Inc (TW:4977) shed 4.55% or 5.50 points to 115.50.

Declining stocks outnumbered rising ones by 444 to 312 and 113 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for November delivery was up 0.51% or 0.26 to $51.55 a barrel. Meanwhile, Brent oil for delivery in December rose 0.38% or 0.22 to hit $57.45 a barrel, while the December Gold Futures contract fell 0.34% or 4.35 to trade at $1285.65 a troy ounce.

USD/TWD was up 0.05% to 30.242, while TWD/CNY fell 0.27% to 0.2188.

The US Dollar Index Futures was up 0.34% at 93.32.

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