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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.12%

Published 05/04/2017, 02:45 AM
© Reuters.  Taiwan stocks higher at close of trade; Taiwan Weighted up 0.12%
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TINI
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Investing.com – Taiwan stocks were higher after the close on Thursday, as gains in the Electronic Products Distribution, Communication and Internet and Information Services sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.12% to hit a new 1-month high.

The best performers of the session on the Taiwan Weighted were Lingsen (TW:2369), which rose 9.96% or 1.40 points to trade at 15.45 at the close. Meanwhile, Weltrend Semic (TW:2436) added 9.93% or 2.80 points to end at 31.00 and Kpt Industries (TW:1805) was up 9.88% or 1.25 points to 13.90 in late trade.

The worst performers of the session were Pihsiang (TW:1729), which fell 9.97% or 4.90 points to trade at 44.25 at the close. Vivotek (TW:3454) declined 8.87% or 7.90 points to end at 81.20 and Jinli (TW:8429) was down 5.91% or 2.20 points to 35.05.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 445 to 289 and 141 ended unchanged.

Shares in Lingsen (TW:2369) rose to 52-week highs; rising 9.96% or 1.40 to 15.45. Shares in Pihsiang (TW:1729) fell to 52-week lows; losing 9.97% or 4.90 to 44.25. Shares in Weltrend Semic (TW:2436) rose to 52-week highs; up 9.93% or 2.80 to 31.00. Shares in Kpt Industries (TW:1805) rose to 3-years highs; gaining 9.88% or 1.25 to 13.90.

Crude oil for June delivery was down 0.67% or 0.32 to $47.50 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.63% or 0.32 to hit $50.47 a barrel, while the June Gold Futures contract fell 1.09% or 13.58 to trade at $1234.92 a troy ounce.

USD/TWD was up 0.28% to 30.141, while TWD/CNY fell 0.09% to 0.2289.

The US Dollar Index Futures was up 0.07% at 99.33.

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