Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Taiwan shares higher at close of trade; Taiwan Weighted up 2.53%

Published 03/12/2018, 06:45
© Reuters.  Taiwan shares higher at close of trade; Taiwan Weighted up 2.53%
TWII
-
TEPI
-
TOPI
-
TSII
-
1526
-
2327
-
2440
-
2444
-
2915
-
3034
-

Investing.com – Taiwan equities were higher at the close on Monday, as gains in the Optoelectronic, Electronic Parts/Components and Semiconductor sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted added 2.53% to hit a new 1-month high.

The biggest gainers of the session on the Taiwan Weighted were Novatek Microelectronics Corp (TW:3034), which rose 10.00% or 13.00 points to trade at 143.00 at the close. Yageo Corp (TW:2327) added 10.00% or 37.00 points to end at 407.00 and Space Shuttle Hi-Tech Co Ltd (TW:2440) was up 10.00% or 0.83 points to 9.13 in late trade.

Biggest losers included Abocom Systems Inc (TW:2444), which lost 5.80% or 1.25 points to trade at 20.30 in late trade. Sun Race Sturmey-Archer Inc (TW:1526) declined 5.38% or 2.20 points to end at 38.70 and Ruentex Industries Ltd (TW:2915) shed 3.63% or 3.30 points to 87.70.

Advancing stocks outnumbered falling ones by 772 to 79 and 55 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for January delivery was up 5.07% or 2.58 to $53.51 a barrel. Meanwhile, Brent oil for delivery in February rose 4.64% or 2.76 to hit $62.22 a barrel, while the February Gold Futures contract rose 0.53% or 6.50 to trade at $1232.50 a troy ounce.

USD/TWD was down 0.40% to 30.722, while TWD/CNY rose 0.09% to 0.2249.

The US Dollar Index Futures was down 0.43% at 96.782.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.