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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.99%

Published 04/30/2018, 02:45 AM
Updated 04/30/2018, 02:50 AM
© Reuters.  Taiwan stocks higher at close of trade; Taiwan Weighted up 0.99%
TWII
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TOPI
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TTPI
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TGLI
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1439
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2208
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2231
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2355
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2498
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8411
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Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Optoelectronic, Glass and Transport sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted rose 0.99%.

The best performers of the session on the Taiwan Weighted were CSBC Corp Taiwan (TW:2208), which rose 10.00% or 2.20 points to trade at 24.20 at the close. Meanwhile, HTC Corp (TW:2498) added 10.00% or 5.50 points to end at 60.50 and Chuwa Wool Industry Co Taiwan Ltd (TW:1439) was up 9.94% or 4.50 points to 49.75 in late trade.

The worst performers of the session were Cub Elecparts Inc (TW:2231), which fell 10.00% or 42.50 points to trade at 382.50 at the close. Chin-Poon Industrial Co Ltd (TW:2355) declined 10.00% or 4.35 points to end at 39.15 and Kingcan Holdings Ltd (TW:8411) was down 7.42% or 1.55 points to 19.35.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 617 to 213 and 84 ended unchanged.

Shares in Chin-Poon Industrial Co Ltd (TW:2355) fell to 52-week lows; falling 10.00% or 4.35 to 39.15. Shares in Chuwa Wool Industry Co Taiwan Ltd (TW:1439) rose to all time highs; rising 9.94% or 4.50 to 49.75. Shares in Kingcan Holdings Ltd (TW:8411) fell to 52-week lows; falling 7.42% or 1.55 to 19.35.

Crude oil for June delivery was down 0.40% or 0.27 to $67.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.50% or 0.37 to hit $73.42 a barrel, while the June Gold Futures contract fell 0.30% or 4.00 to trade at $1319.40 a troy ounce.

USD/TWD was up 0.19% to 29.610, while TWD/CNY unchanged 0.00% to 0.2149.

The US Dollar Index Futures was up 0.04% at 91.35.

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