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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.35%

Published 04/18/2018, 02:45 AM
Updated 04/18/2018, 02:50 AM
© Reuters.  Taiwan stocks higher at close of trade; Taiwan Weighted up 0.35%
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Investing.com – Taiwan stocks were higher after the close on Wednesday, as gains in the Electronic Parts/Components, Machinery and Glass sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted rose 0.35%.

The best performers of the session on the Taiwan Weighted were Min Aik Precision Industrial Co Ltd (TW:4545), which rose 10.00% or 4.40 points to trade at 48.40 at the close. Meanwhile, Nichidenbo Corp (TW:3090) added 9.99% or 6.80 points to end at 74.90 and VIA Technologies Inc (TW:2388) was up 9.98% or 2.85 points to 31.40 in late trade.

The worst performers of the session were Global Unichip Corp (TW:3443), which fell 9.87% or 29.50 points to trade at 269.50 at the close. Lung Hwa Electronics Co Ltd (TW:2424) declined 8.01% or 2.05 points to end at 23.55 and Paiho Shih Holdings Corp (TW:8404) was down 6.04% or 3.20 points to 49.80.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 421 to 366 and 127 ended unchanged.

Shares in Nichidenbo Corp (TW:3090) rose to all time highs; rising 9.99% or 6.80 to 74.90. Shares in Lung Hwa Electronics Co Ltd (TW:2424) fell to 52-week lows; losing 8.01% or 2.05 to 23.55.

Crude oil for May delivery was up 0.81% or 0.54 to $67.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.78% or 0.56 to hit $72.14 a barrel, while the June Gold Futures contract fell 0.15% or 2.00 to trade at $1347.50 a troy ounce.

USD/TWD was down 0.03% to 29.355, while TWD/CNY rose 0.09% to 0.2141.

The US Dollar Index Futures was up 0.06% at 89.27.

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