Taiwan shares lower at close of trade; Taiwan Weighted down 0.43%

Taiwan shares lower at close of trade; Taiwan Weighted down 0.43%

Investing.com  | Jul 16, 2018 07:50

Taiwan shares lower at close of trade; Taiwan Weighted down 0.43%

Investing.com – Taiwan equities were lower at the close on Monday, as losses in the , Electricity and Electronic Parts/Components sectors propelled shares lower.

At the close in Taiwan, the Taiwan Weighted fell 0.43%.

The biggest gainers of the session on the Taiwan Weighted were Rexon Industrial Corp Ltd (TW:1515), which rose 9.97% or 4.35 points to trade at 48.00 at the close. Century Iron And Steel Industrial Co Ltd (TW:9958) added 9.97% or 6.40 points to end at 70.60 and Advanced Power Electronics Corp (TW:8261) was up 9.90% or 5.00 points to 55.50 in late trade.

Biggest losers included Walsin Technology Corp (TW:2492), which lost 6.89% or 30.00 points to trade at 405.50 in late trade. Tai Twun Enterprise Co Ltd (TW:3432) declined 6.41% or 1.35 points to end at 19.70 and Holy Stone Enterprise Co Ltd (TW:3026) shed 5.84% or 14.50 points to 234.00.

Declining stocks outnumbered rising ones by 422 to 371 and 120 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.91% or 0.64 to $69.31 a barrel. Meanwhile, Brent oil for delivery in September fell 0.85% or 0.64 to hit $74.69 a barrel, while the August Gold Futures contract rose 0.29% or 3.60 to trade at $1244.80 a troy ounce.

USD/TWD was down 0.11% to 30.545, while TWD/CNY rose 0.09% to 0.2196.

The US Dollar Index Futures was down 0.12% at 94.33.

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