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Taiwan shares lower at close of trade; Taiwan Weighted down 0.50%

Published 26/12/2018, 06:45
Taiwan shares lower at close of trade; Taiwan Weighted down 0.50%
TWII
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TEPI
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TMAI
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1512
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2376
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2548
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2702
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6168
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3321
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Investing.com – Taiwan equities were lower at the close on Wednesday, as losses in the , Electronic Parts/Components and Machinery sectors propelled shares lower.

At the close in Taiwan, the Taiwan Weighted lost 0.50% to hit a new 52-week low.

The biggest gainers of the session on the Taiwan Weighted were Uniflex Technology Inc (TW:3321), which rose 9.86% or 1.05 points to trade at 11.70 at the close. Harvatek Corp (TW:6168) added 8.75% or 1.05 points to end at 13.05 and Huaku Development Co Ltd (TW:2548) was up 7.32% or 4.60 points to 67.40 in late trade.

Biggest losers included Hotel Holiday Garden (TW:2702), which lost 9.05% or 2.25 points to trade at 22.60 in late trade. Jui Li Enterprise Co Ltd (TW:1512) declined 8.43% or 0.75 points to end at 8.15 and Gigabyte Technology Co Ltd (TW:2376) shed 8.02% or 3.60 points to 41.30.

Declining stocks outnumbered rising ones by 532 to 245 and 134 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.47% or 0.20 to $42.73 a barrel. Meanwhile, Brent oil for delivery in March fell 0.35% or 0.18 to hit $50.59 a barrel, while the February Gold Futures contract rose 0.43% or 5.45 to trade at $1277.25 a troy ounce.

USD/TWD was up 0.07% to 30.833, while TWD/CNY unchanged 0.00% to 0.2238.

The US Dollar Index Futures was up 0.06% at 96.067.

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