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

Published 08/29/2017, 02:45 AM
© Reuters.  Taiwan stocks lower at close of trade; Taiwan Weighted down 0.28%
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Investing.com – Taiwan stocks were lower after the close on Tuesday, as losses in the , Information Services and Computers & Peripherals 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 Loop Telecommunication International Inc (TW:3025), which rose 10.00% or 2.05 points to trade at 22.55 at the close. Meanwhile, Jui Li Enterprise Co Ltd (TW:1512) added 10.00% or 1.20 points to end at 13.20 and Jye Tai Precision Industrial Co Ltd (TW:6165) was up 9.94% or 3.60 points to 39.80 in late trade.

The worst performers of the session were Ocean Plastics Co Ltd (TW:1321), which fell 9.91% or 3.45 points to trade at 31.35 at the close. Sun Race Sturmey-Archer Inc (TW:1526) declined 9.87% or 3.35 points to end at 30.60 and Winbond Electronics Corp (TW:2344) was down 5.18% or 1.25 points to 22.90.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 462 to 293 and 120 ended unchanged.

Shares in Loop Telecommunication International Inc (TW:3025) rose to 5-year highs; rising 10.00% or 2.05 to 22.55.

Crude oil for October delivery was up 0.58% or 0.27 to $46.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.47% or 0.24 to hit $51.66 a barrel, while the December Gold Futures contract rose 0.69% or 9.02 to trade at $1324.32 a troy ounce.

USD/TWD was down 0.06% to 30.137, while TWD/CNY rose 0.09% to 0.2203.

The US Dollar Index Futures was down 0.14% at 92.04.

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