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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.38%

Published 12/01/2017, 01:45 AM
Updated 12/01/2017, 01:50 AM
© Reuters.  Taiwan stocks higher at close of trade; Taiwan Weighted up 0.38%
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Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the Financials, Glass and Oil, Gas & Electricity sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted rose 0.38%.

The best performers of the session on the Taiwan Weighted were Parpro Corp (TW:4916), which rose 9.97% or 3.50 points to trade at 38.60 at the close. Meanwhile, Darfon Electronics Corp (TW:8163) added 9.90% or 2.90 points to end at 32.20 and Farglory FTZ Investment Holding Co Ltd (TW:5607) was up 9.79% or 1.60 points to 17.95 in late trade.

The worst performers of the session were Shuttle Inc (TW:2405), which fell 9.88% or 2.45 points to trade at 22.35 at the close. Ta Ya Electric Wire & Cable (TW:1609) declined 9.70% or 1.450 points to end at 13.500 and Asia Vital Components Co Ltd (TW:3017) was down 8.89% or 3.20 points to 32.80.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 558 to 253 and 69 ended unchanged.

Shares in Parpro Corp (TW:4916) rose to 52-week highs; gaining 9.97% or 3.50 to 38.60. Shares in Darfon Electronics Corp (TW:8163) rose to 5-year highs; gaining 9.90% or 2.90 to 32.20. Shares in Farglory FTZ Investment Holding Co Ltd (TW:5607) rose to 52-week highs; rising 9.79% or 1.60 to 17.95.

Crude oil for January delivery was up 0.33% or 0.19 to $57.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.42% or 0.26 to hit $62.89 a barrel, while the December Gold Futures contract rose 0.18% or 2.34 to trade at $1275.54 a troy ounce.

USD/TWD was up 0.07% to 30.021, while TWD/CNY rose 0.09% to 0.2218.

The US Dollar Index Futures was down 0.13% at 92.85.

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