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Taiwan stocks lower at close of trade; Taiwan Weighted down 1.11%

Published 08/17/2015, 02:45 AM
Taiwan stocks lower at close of trade; Taiwan Weighted down 1.11%
TWD/CNY
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TWII
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TEDI
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TTPI
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1309
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1337
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1541
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3050
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3312
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3584
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Investing.com – Taiwan stocks were lower after the close on Monday, as losses in the , Electronic Products Distribution and Transport sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted lost 1.11% to hit a new 52-week low.

The best performers of the session on the Taiwan Weighted were Taita Chemical (TW:1309), which rose 10.00% or 0.75 points to trade at 8.25 at the close. Meanwhile, U-Tech (TW:3050) added 9.95% or 0.66 points to end at 7.29 and Chang Type (TW:1541) was up 9.93% or 2.10 points to 23.25 in late trade.

The worst performers of the session were G.M.I (TW:3312), which fell 9.95% or 1.00 points to trade at 9.05 at the close. Asia Plastic (TW:1337) declined 9.94% or 1.60 points to end at 14.50 and J Touch (TW:3584) was down 9.94% or 0.84 points to 7.61.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 590 to 245 and 5 ended unchanged.

Shares in G.M.I (TW:3312) fell to 52-week lows; falling 9.95% or 1.00 to 9.05. Shares in J Touch (TW:3584) fell to all time lows; losing 9.94% or 0.84 to 7.61.

Crude oil for October delivery was down 1.08% or 0.47 to $42.65 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.06% or 0.52 to hit $48.67 a barrel, while the December Gold contract rose 0.49% or 5.50 to trade at $1118.20 a troy ounce.

USD/TWD was down 0.12% to 32.320, while TWD/CNY fell 0.05% to 0.1975.

The US Dollar Index was up 0.07% at 96.67.

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