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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.24%

Published 09/04/2017, 02:45 AM
Taiwan stocks lower at close of trade; Taiwan Weighted down 0.24%
TWII
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TTPI
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TPAI
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1902
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2383
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2642
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3504
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6120
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6209
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Investing.com – Taiwan stocks were lower after the close on Monday, as losses in the , Transport and Paper & Pulp sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted lost 0.24%.

The best performers of the session on the Taiwan Weighted were Kinko Optical Co Ltd (TW:6209), which rose 10.00% or 4.30 points to trade at 47.30 at the close. Meanwhile, Darwin Precisions Corp (TW:6120) added 10.00% or 2.45 points to end at 26.95 and Taiwan Pelican Express Co Ltd (TW:2642) was up 9.98% or 2.90 points to 31.95 in late trade.

The worst performers of the session were Young Optics Inc (TW:3504), which fell 9.93% or 7.20 points to trade at 65.30 at the close. Elite Material Co Ltd (TW:2383) declined 7.72% or 11.50 points to end at 137.50 and Taiwan Pulp & Paper Corp (TW:1902) was down 7.49% or 1.70 points to 21.00.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 566 to 226 and 78 ended unchanged.

Shares in Kinko Optical Co Ltd (TW:6209) rose to 5-year highs; up 10.00% or 4.30 to 47.30. Shares in Darwin Precisions Corp (TW:6120) rose to 5-year highs; gaining 10.00% or 2.45 to 26.95. Shares in Taiwan Pelican Express Co Ltd (TW:2642) rose to 52-week highs; gaining 9.98% or 2.90 to 31.95.

Crude oil for October delivery was down 0.02% or 0.01 to $47.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.80% or 0.42 to hit $52.33 a barrel, while the December Gold Futures contract rose 0.87% or 11.58 to trade at $1341.98 a troy ounce.

USD/TWD was down 0.21% to 30.055, while TWD/CNY fell 0.05% to 0.2170.

The US Dollar Index Futures was down 0.25% at 92.59.

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