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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.43%

Published 08/09/2018, 02:45 AM
© Reuters.  Taiwan stocks lower at close of trade; Taiwan Weighted down 0.43%
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1475
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Investing.com – Taiwan stocks were lower after the close on Thursday, as losses in the , Trading & Consumer Goods and Paper & Pulp sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted lost 0.43%.

The best performers of the session on the Taiwan Weighted were FarGlory Hotel Co Ltd (TW:2712), which rose 7.69% or 2.20 points to trade at 30.80 at the close. Meanwhile, Chun Yu Works & Co Ltd (TW:2012) added 7.63% or 1.40 points to end at 19.75 and Career Technology MFG Co Ltd (TW:6153) was up 6.75% or 3.80 points to 60.10 in late trade.

The worst performers of the session were Shunsin Technology Holdings Ltd (TW:6451), which fell 9.78% or 13.50 points to trade at 124.50 at the close. Sumagh High Tech Corp (TW:1475) declined 8.91% or 2.45 points to end at 25.05 and King Yuan Electronics Co Ltd (TW:2449) was down 7.46% or 1.95 points to 24.20.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 473 to 302 and 139 ended unchanged.

Shares in FarGlory Hotel Co Ltd (TW:2712) rose to 3-years highs; rising 7.69% or 2.20 to 30.80. Shares in King Yuan Electronics Co Ltd (TW:2449) fell to 52-week lows; falling 7.46% or 1.95 to 24.20.

Crude oil for September delivery was up 0.13% or 0.09 to $67.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.26% or 0.19 to hit $72.47 a barrel, while the December Gold Futures contract rose 0.08% or 1.00 to trade at $1222.00 a troy ounce.

USD/TWD was up 0.11% to 30.622, while TWD/CNY fell 0.27% to 0.2231.

The US Dollar Index Futures was up 0.07% at 95.02.

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