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Taiwan stocks lower at close of trade; Taiwan Weighted down 1.62%

Published 02/05/2018, 01:45 AM
Taiwan stocks lower at close of trade; Taiwan Weighted down 1.62%
TWII
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TOPI
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TGLI
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2033
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2444
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4725
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6120
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6449
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2429
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Investing.com – Taiwan stocks were lower after the close on Monday, as losses in the , Optoelectronic and Glass sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted fell 1.62%.

The best performers of the session on the Taiwan Weighted were APAQ Technology Co Ltd (TW:6449), which rose 10.00% or 6.10 points to trade at 67.10 at the close. Meanwhile, Chia Ta World Co Ltd (TW:2033) added 9.96% or 1.35 points to end at 14.90 and Pal Wonn Taiwan Co Ltd (TW:2429) was up 9.89% or 1.40 points to 15.55 in late trade.

The worst performers of the session were Taiwan Prosperity Chemical Corp (TW:4725), which fell 9.89% or 3.20 points to trade at 29.15 at the close. Darwin Precisions Corp (TW:6120) declined 8.04% or 2.85 points to end at 32.60 and Abocom Systems Inc (TW:2444) was down 7.41% or 2.60 points to 32.50.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 732 to 129 and 45 ended unchanged.

Shares in APAQ Technology Co Ltd (TW:6449) rose to all time highs; up 10.00% or 6.10 to 67.10. Shares in Chia Ta World Co Ltd (TW:2033) rose to 5-year highs; rising 9.96% or 1.35 to 14.90.

Crude oil for March delivery was down 0.83% or 0.54 to $64.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.89% or 0.61 to hit $67.97 a barrel, while the April Gold Futures contract fell 0.19% or 2.60 to trade at $1334.70 a troy ounce.

USD/TWD was down 0.21% to 29.310, while TWD/CNY unchanged 0.00% to 0.2148.

The US Dollar Index Futures was down 0.02% at 89.02.

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