Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

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
-
TOPI
-
TTPI
-
TGLI
-
1439
-
2208
-
2231
-
2355
-
2498
-
8411
-

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.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.