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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.56%

Published 03/30/2018, 02:45 AM
Updated 03/30/2018, 02:50 AM
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.56%
TWII
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TINI
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TGLI
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TSTI
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1589
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2031
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3703
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4984
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6145
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2348
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Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the Glass, Iron & Steel and Communication and Internet sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.56%.

The best performers of the session on the Taiwan Weighted were Yeong Guan Energy Technology Group Co Ltd (TW:1589), which rose 10.00% or 8.60 points to trade at 94.60 at the close. Meanwhile, CoAdna Holdings Inc (TW:4984) added 9.99% or 4.40 points to end at 48.45 and Hsin Kuang Steel Co Ltd (TW:2031) was up 9.96% or 3.35 points to 37.00 in late trade.

The worst performers of the session were Continental Holdings Corp (TW:3703), which fell 9.91% or 1.60 points to trade at 14.55 at the close. Power Quotient International Co Ltd (TW:6145) declined 9.70% or 0.98 points to end at 9.12 and Hiyes International Co Ltd (TW:2348) was down 9.40% or 5.50 points to 53.00.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 445 to 350 and 115 ended unchanged.

Shares in Power Quotient International Co Ltd (TW:6145) fell to 52-week lows; down 9.70% or 0.98 to 9.12. Shares in Hsin Kuang Steel Co Ltd (TW:2031) rose to 5-year highs; up 9.96% or 3.35 to 37.00.

Crude oil for May delivery was up 0.79% or 0.51 to $64.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.04% or 0.03 to hit $69.44 a barrel, while the April Gold Futures contract rose 0.06% or 0.80 to trade at $1325.00 a troy ounce.

USD/TWD was down 0.02% to 29.113, while TWD/CNY rose 0.42% to 0.2153.

The US Dollar Index Futures was down 0.01% at 89.75.

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