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Taiwan shares higher at close of trade; Taiwan Weighted up 0.58%

Published 12/07/2018, 07:45
Updated 12/07/2018, 07:50
© Reuters.  Taiwan shares higher at close of trade; Taiwan Weighted up 0.58%
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Investing.com – Taiwan equities were higher at the close on Thursday, as gains in the Electronic Parts/Components, Biotech & Medical Care and Electricity sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted gained 0.58%.

The biggest gainers of the session on the Taiwan Weighted were Phytohealth Corp (TW:4108), which rose 9.93% or 2.15 points to trade at 23.80 at the close. Hotel Holiday Garden (TW:2702) added 9.93% or 2.00 points to end at 22.15 and Apex International Co Ltd (TW:4927) was up 9.90% or 2.50 points to 27.75 in late trade.

Biggest losers included Career Technology MFG Co Ltd (TW:6153), which lost 8.98% or 5.20 points to trade at 52.70 in late trade. Gem Terminal Industry Co Ltd (TW:2460) declined 3.89% or 0.55 points to end at 13.60 and Crowell Development Corp (TW:2528) shed 3.81% or 0.60 points to 15.15.

Advancing stocks outnumbered falling ones by 583 to 224 and 105 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for August delivery was up 0.44% or 0.31 to $70.69 a barrel. Meanwhile, Brent oil for delivery in September rose 1.61% or 1.18 to hit $74.58 a barrel, while the August Gold Futures contract fell 0.03% or 0.40 to trade at $1244.00 a troy ounce.

USD/TWD was down 0.35% to 30.547, while TWD/CNY rose 0.23% to 0.2184.

The US Dollar Index Futures was down 0.01% at 94.47.

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