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Taiwan stocks higher at close of trade; Taiwan Weighted up 1.41%

Published 04/05/2017, 02:45 AM
Taiwan stocks higher at close of trade; Taiwan Weighted up 1.41%
TWII
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TEOI
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TDEI
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TCMI
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1515
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1613
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1805
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2371
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6414
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3437
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Investing.com – Taiwan stocks were higher after the close on Wednesday, as gains in the Other Electronic, Trading & Consumer Goods and Cement sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted rose 1.41%.

The best performers of the session on the Taiwan Weighted were Kpt Industries (TW:1805), which rose 10.00% or 1.00 points to trade at 11.00 at the close. Meanwhile, Advanced Optoelectronic Tech (TW:3437) added 9.95% or 2.80 points to end at 30.95 and Rexon Indu (TW:1515) was up 9.95% or 1.90 points to 21.00 in late trade.

The worst performers of the session were Tai-I (TW:1613), which fell 9.80% or 0.340 points to trade at 3.130 at the close. Ennoconn (TW:6414) declined 9.71% or 38.50 points to end at 358.00 and Tatung Co Ltd (TW:2371) was down 6.54% or 0.85 points to 12.15.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 494 to 293 and 89 ended unchanged.

Shares in Kpt Industries (TW:1805) rose to 52-week highs; rising 10.00% or 1.00 to 11.00. Shares in Advanced Optoelectronic Tech (TW:3437) rose to 52-week highs; rising 9.95% or 2.80 to 30.95. Shares in Ennoconn (TW:6414) fell to 52-week lows; falling 9.71% or 38.50 to 358.00. Shares in Rexon Indu (TW:1515) rose to all time highs; gaining 9.95% or 1.90 to 21.00.

Crude oil for May delivery was up 0.67% or 0.34 to $51.37 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.65% or 0.35 to hit $54.52 a barrel, while the June Gold Futures contract fell 0.07% or 0.85 to trade at $1257.55 a troy ounce.

USD/TWD was down 0.30% to 30.387, while TWD/CNY fell 0.04% to 0.2266.

The US Dollar Index Futures was down 0.01% at 100.41.

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