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Taiwan shares lower at close of trade; Taiwan Weighted down 1.32%

Published 12/08/2015, 07:45
Updated 12/08/2015, 07:45
Taiwan shares lower at close of trade; Taiwan Weighted down 1.32%

Taiwan shares lower at close of trade; Taiwan Weighted down 1.32%

Investing.com – Taiwan equities were lower at the close on Wednesday, as losses in the , Financials and Optoelectronic sectors propelled shares lower.

At the close in Taiwan, the Taiwan Weighted fell 1.32% to hit a new 52-week low.

The biggest gainers of the session on the Taiwan Weighted were Taiwan Hon Chu (TW:9939), which rose 9.89% or 4.75 points to trade at 52.80 at the close. Gourmet Master (TW:2723) added 9.68% or 13.50 points to end at 153.00 and Asustek (TW:2357) was up 9.38% or 23.50 points to 274.00 in late trade.

Biggest losers included Merida Industr (TW:9914), which lost 9.95% or 19.00 points to trade at 172.00 in late trade. Min Aik (TW:3060) declined 9.90% or 6.10 points to end at 55.50 and Tpk Holding (TW:3673) shed 8.37% or 8.50 points to 93.00.

Declining stocks outnumbered rising ones by 538 to 305 on the Taiwan Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.17% or 0.07 to $43.01 a barrel. Meanwhile, Brent oil for delivery in October fell 0.32% or 0.16 to hit $49.55 a barrel, while the December Gold contract rose 0.51% or 5.70 to trade at $1113.40 a troy ounce.

USD/TWD was up 1.41% to 32.520, while TWD/CNY rose 2.34% to 0.2011.

The US Dollar Index was down 0.31% at 96.93.

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