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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.29%

Published 01/05/2018, 01:45 AM
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.29%
TWII
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TTPI
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TGLI
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TPAI
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1735
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2208
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3515
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3532
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5285
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9958
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Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the Paper & Pulp, Transport and Glass sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.29% to hit a new all time high.

The best performers of the session on the Taiwan Weighted were Formosa Sumco Technology Corp (TW:3532), which rose 10.00% or 10.00 points to trade at 110.00 at the close. Meanwhile, CSBC Corp Taiwan (TW:2208) added 10.00% or 1.15 points to end at 12.65 and Century Iron And Steel Industrial Co Ltd (TW:9958) was up 9.95% or 2.80 points to 30.95 in late trade.

The worst performers of the session were Jih Lin Technology Co Ltd (TW:5285), which fell 6.50% or 6.40 points to trade at 92.00 at the close. Evermore Chemical Industry Co Ltd (TW:1735) declined 5.60% or 1.00 points to end at 16.85 and ASRock Inc (TW:3515) was down 5.26% or 4.00 points to 72.00.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 448 to 340 and 99 ended unchanged.

Shares in Century Iron And Steel Industrial Co Ltd (TW:9958) rose to all time highs; up 9.95% or 2.80 to 30.95.

Crude oil for February delivery was down 0.10% or 0.06 to $61.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.06% or 0.04 to hit $68.03 a barrel, while the February Gold Futures contract fell 0.20% or 2.60 to trade at $1319.00 a troy ounce.

USD/TWD was down 0.27% to 29.505, while TWD/CNY fell 0.05% to 0.2193.

The US Dollar Index Futures was up 0.05% at 91.65.

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