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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.29%

Published 10/20/2017, 02:45 AM
© Reuters.  Taiwan stocks lower at close of trade; Taiwan Weighted down 0.29%
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Investing.com – Taiwan stocks were lower after the close on Friday, as losses in the , Paper & Pulp and Optoelectronic sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted declined 0.29%.

The best performers of the session on the Taiwan Weighted were Rexon Industrial Corp Ltd (TW:1515), which rose 10.00% or 5.70 points to trade at 62.70 at the close. Meanwhile, Min Aik Precision Industrial Co Ltd (TW:4545) added 9.93% or 4.10 points to end at 45.40 and Huang Hsiang Construction Corp (TW:2545) was up 9.70% or 2.90 points to 32.80 in late trade.

The worst performers of the session were Universal Microelectronics Co Ltd (TW:2413), which fell 8.08% or 1.75 points to trade at 19.90 at the close. Global Unichip Corp (TW:3443) declined 6.59% or 20.50 points to end at 290.50 and PCL Technologies Inc (TW:4977) was down 4.55% or 5.50 points to 115.50.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 444 to 312 and 113 ended unchanged.

Shares in Rexon Industrial Corp Ltd (TW:1515) rose to all time highs; up 10.00% or 5.70 to 62.70.

Crude oil for November delivery was up 0.51% or 0.26 to $51.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.42% or 0.24 to hit $57.47 a barrel, while the December Gold Futures contract fell 0.34% or 4.35 to trade at $1285.65 a troy ounce.

USD/TWD was up 0.04% to 30.239, while TWD/CNY fell 0.27% to 0.2188.

The US Dollar Index Futures was up 0.34% at 93.32.

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