Investing.com – Taiwan stocks were higher after the close on Thursday, as gains in the Electricity, Iron & Steel and Optoelectronic sectors led shares higher.
At the close in Taiwan, the Taiwan Weighted gained 0.54% to hit a new 52-week high.
The best performers of the session on the Taiwan Weighted were Bestec Power (TW:3308), which rose 10.00% or 0.79 points to trade at 8.69 at the close. Meanwhile, Action Eltr (TW:3024) added 9.91% or 0.320 points to end at 3.550 and Mbi (TW:1783) was up 9.91% or 2.25 points to 24.95 in late trade.
The worst performers of the session were Candmark (TW:5259), which fell 10.00% or 0.26 points to trade at 2.34 at the close. Tainan Cayman (TW:5906) declined 9.89% or 0.820 points to end at 7.470 and Sintronic Tech (TW:3536) was down 3.91% or 0.50 points to 12.30.
Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 569 to 190 and 94 ended unchanged.
Crude oil for September delivery was up 0.52% or 0.24 to $45.99 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.57% or 0.27 to hit $47.44 a barrel, while the August Gold contract fell 0.15% or 1.95 to trade at $1317.35 a troy ounce.
USD/TWD was down 0.10% to 32.015, while TWD/CNY rose 0.14% to 0.2089.
The US Dollar Index was down 0.17% at 96.99.