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Taiwan stocks lower at close of trade; Taiwan Weighted down 1.64%

Published 12/06/2017, 01:45 AM
Taiwan stocks lower at close of trade; Taiwan Weighted down 1.64%
TWII
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TOPI
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TPAI
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2383
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2405
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3048
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3356
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3518
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3321
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Investing.com – Taiwan stocks were lower after the close on Wednesday, as losses in the , Optoelectronic and Paper & Pulp sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted declined 1.64% to hit a new 1-month low.

The best performers of the session on the Taiwan Weighted were GeoVision Inc (TW:3356), which rose 9.90% or 3.45 points to trade at 38.30 at the close. Meanwhile, Edom Technology Co Ltd (TW:3048) added 8.99% or 1.60 points to end at 19.40 and Uniflex Technology Inc (TW:3321) was up 6.69% or 0.85 points to 13.55 in late trade.

The worst performers of the session were Shuttle Inc (TW:2405), which fell 9.98% or 2.00 points to trade at 18.05 at the close. Paragon Technologies Co Ltd (TW:3518) declined 9.97% or 4.60 points to end at 41.55 and Elite Material Co Ltd (TW:2383) was down 9.95% or 10.80 points to 97.70.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 667 to 144 and 69 ended unchanged.

Shares in Edom Technology Co Ltd (TW:3048) rose to 52-week highs; up 8.99% or 1.60 to 19.40.

Crude oil for January delivery was down 0.36% or 0.21 to $57.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.29% or 0.18 to hit $62.68 a barrel, while the February Gold Futures contract rose 0.40% or 5.00 to trade at $1269.90 a troy ounce.

USD/TWD was up 0.14% to 30.029, while TWD/CNY rose 0.05% to 0.2199.

The US Dollar Index Futures was down 0.06% at 93.21.

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