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Taiwan stocks higher at close of trade; Taiwan Weighted up 1.10%

Published 12/30/2016, 01:45 AM
© Reuters.  Taiwan stocks higher at close of trade; Taiwan Weighted up 1.10%
TWII
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TOGI
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TISI
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TCMI
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1707
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3013
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5203
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6145
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6702
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2429
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Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the Oil, Gas & Electricity, Information Services and Cement sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted gained 1.10%.

The best performers of the session on the Taiwan Weighted were Cyberlink (TW:5203), which rose 9.92% or 7.00 points to trade at 77.60 at the close. Meanwhile, Pqi (TW:6145) added 9.80% or 0.88 points to end at 9.86 and Transasia (TW:6702) was up 9.37% or 0.06 points to 0.70 in late trade.

The worst performers of the session were Grape King (TW:1707), which fell 9.88% or 20.50 points to trade at 187.00 at the close. Pal Wonn Taiwan Co Ltd (TW:2429) declined 4.44% or 0.75 points to end at 16.15 and Chenming Mold (TW:3013) was down 4.10% or 0.75 points to 17.55.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 602 to 152 and 123 ended unchanged.

Shares in Cyberlink (TW:5203) rose to 52-week highs; rising 9.92% or 7.00 to 77.60.

Crude oil for February delivery was up 0.37% or 0.20 to $53.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.49% or 0.28 to hit $57.13 a barrel, while the February Gold contract rose 0.22% or 2.55 to trade at $1160.65 a troy ounce.

USD/TWD was down 0.20% to 32.241, while TWD/CNY rose 0.37% to 0.2169.

The US Dollar Index was down 0.24% at 102.41.

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