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Taiwan stocks lower at close of trade; Taiwan Weighted down 1.88%

Published 10/05/2018, 02:45 AM
© Reuters.  Taiwan stocks lower at close of trade; Taiwan Weighted down 1.88%
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Investing.com – Taiwan stocks were lower after the close on Friday, as losses in the , Electronic Parts/Components and Optoelectronic sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted fell 1.88% to hit a new 3-months low.

The best performers of the session on the Taiwan Weighted were Jess-Link Products Co Ltd (TW:6197), which rose 5.09% or 1.25 points to trade at 25.80 at the close. Meanwhile, Jih Lin Technology Co Ltd (TW:5285) added 4.11% or 3.00 points to end at 76.00 and Tung Kai Technology Engineering Co Ltd (TW:3018) was up 3.45% or 1.00 points to 29.95 in late trade.

The worst performers of the session were Ritek Corp (TW:2349), which fell 10.00% or 1.250 points to trade at 11.250 at the close. Casetek Holdings Ltd (TW:5264) declined 10.00% or 5.20 points to end at 46.80 and Episil-Precision Inc (TW:3016) was down 10.00% or 4.70 points to 42.30.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 793 to 73 and 48 ended unchanged.

Shares in Casetek Holdings Ltd (TW:5264) fell to all time lows; falling 10.00% or 5.20 to 46.80.

Crude oil for November delivery was up 0.75% or 0.56 to $74.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.56% or 0.47 to hit $85.05 a barrel, while the December Gold Futures contract rose 0.13% or 1.60 to trade at $1203.20 a troy ounce.

USD/TWD was up 0.07% to 30.881, while TWD/CNY unchanged 0.00% to 0.2231.

The US Dollar Index Futures was down 0.01% at 95.42.

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