Taiwan shares lower at close of trade; Taiwan Weighted down 1.75%

Taiwan shares lower at close of trade; Taiwan Weighted down 1.75%

Investing.com  | Apr 20, 2018 07:45

Taiwan shares lower at close of trade; Taiwan Weighted down 1.75%

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

At the close in Taiwan, the Taiwan Weighted fell 1.75% to hit a new 1-month low.

The biggest gainers of the session on the Taiwan Weighted were Sumagh High Tech Corp (TW:1475), which rose 10.00% or 2.70 points to trade at 29.70 at the close. Dah San Electric Wire & Cable Co Ltd (TW:1615) added 9.95% or 2.10 points to end at 23.20 and YC Co Ltd (TW:4306) was up 9.94% or 1.60 points to 17.70 in late trade.

Biggest losers included Walsin Technology Corp (TW:2492), which lost 9.39% or 17.00 points to trade at 164.00 in late trade. Accton Technology Corp (TW:2345) declined 8.61% or 7.20 points to end at 76.40 and Swancor Holding Co Ltd (TW:3708) shed 8.33% or 15.00 points to 165.00.

Declining stocks outnumbered rising ones by 440 to 317 and 155 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.10% or 0.07 to $68.22 a barrel. Meanwhile, Brent oil for delivery in June fell 0.01% or 0.01 to hit $73.77 a barrel, while the June Gold Futures contract fell 0.20% or 2.70 to trade at $1346.10 a troy ounce.

USD/TWD was down 0.03% to 29.391, while TWD/CNY rose 0.09% to 0.2137.

The US Dollar Index Futures was up 0.04% at 89.68.

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