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Taiwan stocks lower at close of trade; Taiwan Weighted down 1.63%

Published 08/03/2015, 02:45 AM
Taiwan stocks lower at close of trade; Taiwan Weighted down 1.63%
TWD/CNY
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TWII
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TOPI
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TSII
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1729
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2388
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3229
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3545
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6209
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9802
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Investing.com – Taiwan stocks were lower after the close on Monday, as losses in the , Optoelectronic and Semiconductor sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted lost 1.63% to hit a new 6-months low.

The best performers of the session on the Taiwan Weighted were Fulgent Sun (TW:9802), which rose 10.00% or 3.20 points to trade at 35.20 at the close. Meanwhile, Via Tech (TW:2388) added 9.84% or 0.50 points to end at 5.58 and Kinko Optical (TW:6209) was up 9.69% or 1.40 points to 15.85 in late trade.

The worst performers of the session were Pihsiang (TW:1729), which fell 10.00% or 5.55 points to trade at 49.95 at the close. Orise Tech (TW:3545) declined 10.00% or 2.45 points to end at 22.05 and Cheer Time (TW:3229) was down 9.98% or 2.30 points to 20.75.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 690 to 150 and 4 ended unchanged.

Shares in Orise Tech (TW:3545) fell to 3-years lows; falling 10.00% or 2.45 to 22.05. Shares in Cheer Time (TW:3229) fell to 52-week lows; losing 9.98% or 2.30 to 20.75.

Crude oil for September delivery was down 0.82% or 0.39 to $46.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.93% or 0.48 to hit $51.73 a barrel, while the December Gold contract rose 0.05% or 0.50 to trade at $1095.60 a troy ounce.

USD/TWD was down 0.20% to 31.615, while TWD/CNY unchanged 0.00% to 0.1962.

The US Dollar Index was up 0.04% at 97.36.

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