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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.28%

Published 11/24/2016, 01:45 AM
Taiwan stocks lower at close of trade; Taiwan Weighted down 0.28%
TWII
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TEOI
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TSII
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1613
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2816
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2888
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3383
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6702
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6531
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Investing.com – Taiwan stocks were lower after the close on Thursday, as losses in the , Other Electronic and Semiconductor sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted lost 0.28%.

The best performers of the session on the Taiwan Weighted were Union Insuranc (TW:2816), which rose 10.00% or 1.20 points to trade at 13.20 at the close. Meanwhile, AP Memory Technology Corp (TW:6531) added 9.89% or 6.40 points to end at 71.10 and Shin Kong Fhc (TW:2888) was up 9.89% or 0.70 points to 7.78 in late trade.

The worst performers of the session were Tai-I (TW:1613), which fell 9.91% or 0.230 points to trade at 2.090 at the close. Transasia (TW:6702) declined 9.83% or 0.46 points to end at 4.22 and Genesis Photon (TW:3383) was down 7.05% or 0.17 points to 2.24.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 440 to 334 and 98 ended unchanged.

Shares in Tai-I (TW:1613) fell to 3-years lows; down 9.91% or 0.230 to 2.090. Shares in Transasia (TW:6702) fell to all time lows; down 9.83% or 0.46 to 4.22. Shares in Shin Kong Fhc (TW:2888) rose to 52-week highs; gaining 9.89% or 0.70 to 7.78. Shares in Genesis Photon (TW:3383) fell to all time lows; losing 7.05% or 0.17 to 2.24.

Crude oil for January delivery was up 0.19% or 0.09 to $48.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.06% or 0.03 to hit $48.98 a barrel, while the December Gold contract fell 0.22% or 2.65 to trade at $1185.15 a troy ounce.

USD/TWD was up 0.19% to 31.935, while TWD/CNY fell 0.19% to 0.2152.

The US Dollar Index was up 0.13% at 101.86.

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