Taiwan stocks higher at close of trade; Taiwan Weighted up 1.31%

Taiwan stocks higher at close of trade; Taiwan Weighted up 1.31%

Sep 14, 2018

Taiwan stocks were higher after the close on Friday, as gains in the Optoelectronic, Machinery and Electronic Parts/Components sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted gained 1.31%.

The best performers of the session on the Taiwan Weighted were Hiyes International Co Ltd (TW:2348), which rose 9.93% or 4.25 points to trade at 47.05 at the close. Meanwhile, Everspring Industry Co Ltd (TW:2390) added 9.88% or 1.20 points to end at 13.35 and Airtac International Group (TW:1590) was up 9.88% or 24.50 points to 272.50 in late trade.

The worst performers of the session were Sumagh High Tech Corp (TW:1475), which fell 8.11% or 1.05 points to trade at 11.90 at the close. Jenn Feng New Energy Co Ltd (TW:1538) declined 5.87% or 0.32 points to end at 5.13 and Pal Wonn Taiwan Co Ltd (TW:2429) was down 4.18% or 0.50 points to 11.45.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 618 to 175 and 118 ended unchanged.

Shares in Everspring Industry Co Ltd (TW:2390) rose to 52-week highs; rising 9.88% or 1.20 to 13.35. Shares in Jenn Feng New Energy Co Ltd (TW:1538) fell to 52-week lows; falling 5.87% or 0.32 to 5.13.

Crude oil for October delivery was up 0.16% or 0.11 to $68.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.08% or 0.06 to hit $78.12 a barrel, while the December Gold Futures contract rose 0.25% or 3.00 to trade at $1211.20 a troy ounce.

USD/TWD was down 0.05% to 30.750, while TWD/CNY rose 0.27% to 0.2242.

The US Dollar Index Futures was down 0.11% at 94.43.

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