Taiwan stocks lower at close of trade; Taiwan Weighted down 0.01pct

29-Dec-2016 Intellasia | Investing | 6:00 AM Print This Post

Taiwan stocks were lower after the close on Tuesday, as losses in the, Electricity and Information Services sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted fell 0.01 percent.

The best performers of the session on the Taiwan Weighted were I-Chiun (TW:2486), which rose 9.99 percent or 0.83 points to trade at 9.14 at the close. Meanwhile, Optimax Technology Corp (TW:3051) added 9.88 percent or 0.42 points to end at 4.67 and Loop Telecom (TW:3025) was up 9.87 percent or 1.10 points to 12.25 in late trade.

The worst performers of the session were Transasia (TW:6702), which fell 9.09 percent or 0.06 points to trade at 0.60 at the close. Yu Foung Intl (TW:1438) declined 7.99 percent or 0.330 points to end at 3.800 and Formosa Sumco (TW:3532) was down 7.88 percent or 5.10 points to 59.60.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 411 to 316 and 150 ended unchanged.

Shares in Transasia (TW:6702) fell to all time lows; losing 9.09 percent or 0.06 to 0.60.

Crude oil for February delivery was up 0.15 percent or 0.08 to $53.10 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.11 percent or 0.06 to hit $55.84 a barrel, while the February Gold contract rose 0.60 percent or 6.85 to trade at $1140.45 a troy ounce.

USD/TWD was up 0.25 percent to 32.310, while TWD/CNY unchanged 0.00 percent to 0.2162.

The US Dollar Index was up 0.05 percent at 103.00.

http://www.investing.com/news/stock-market-news/taiwan-stocks-lower-at-close-of-trade;-taiwan-weighted-down-0.01-449964

 


Category: Taiwan

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