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Taiwan shares higher at close of trade; Taiwan Weighted up 0.43%

Published 27/07/2016, 07:45
© Reuters.  Taiwan shares higher at close of trade; Taiwan Weighted up 0.43%
TWII
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TOGI
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TEOI
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TOPI
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1475
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2349
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2364
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2442
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3031
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9928
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Investing.com – Taiwan equities were higher at the close on Wednesday, as gains in the Optoelectronic, Oil, Gas & Electricity and Other Electronic sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.43% to hit a new 52-week high.

The biggest gainers of the session on the Taiwan Weighted were Twinhead Intl (TW:2364), which rose 10.00% or 0.170 points to trade at 1.870 at the close. Ritek (TW:2349) added 9.97% or 0.360 points to end at 3.970 and Sumagh High-Te (TW:1475) was up 9.81% or 0.96 points to 10.75 in late trade.

Biggest losers included China Tv (TW:9928), which lost 5.36% or 0.32 points to trade at 5.65 in late trade. Bright Led (TW:3031) declined 4.48% or 0.50 points to end at 10.65 and Jean (TW:2442) shed 4.34% or 0.26 points to 5.73.

Declining stocks outnumbered rising ones by 400 to 332 and 120 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.19% or 0.08 to $42.84 a barrel. Meanwhile, Brent oil for delivery in October fell 0.46% or 0.21 to hit $45.02 a barrel, while the December Gold contract fell 0.16% or 2.15 to trade at $1326.15 a troy ounce.

USD/TWD was down 0.08% to 32.078, while TWD/CNY rose 0.10% to 0.2077.

The US Dollar Index was up 0.07% at 97.24.

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