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Taiwan shares higher at close of trade; Taiwan Weighted up 0.25%

Published 2017-01-24, 01:45 a/m
© Reuters.  Taiwan shares higher at close of trade; Taiwan Weighted up 0.25%
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Investing.com – Taiwan equities were higher at the close on Tuesday, as gains in the Hotels, Information Services and Optoelectronic sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted gained 0.25% to hit a new 52-week high.

The biggest gainers of the session on the Taiwan Weighted were Genesis Photon (TW:3383), which rose 9.89% or 0.28 points to trade at 3.11 at the close. Tatung Co Ltd (TW:2371) added 9.84% or 1.50 points to end at 16.75 and Ralec Eltr (TW:2437) was up 9.83% or 4.70 points to 52.50 in late trade.

Biggest losers included Tonlin Dept (TW:2910), which lost 5.70% or 1.65 points to trade at 27.30 in late trade. Kao Hsing Chan (TW:2008) declined 5.17% or 0.60 points to end at 11.00 and Cheer Time (TW:3229) shed 4.29% or 0.45 points to 10.05.

Advancing stocks outnumbered falling ones by 431 to 333 and 114 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for March delivery was up 0.49% or 0.26 to $53.01 a barrel. Meanwhile, Brent oil for delivery in March rose 0.56% or 0.31 to hit $55.54 a barrel, while the February Gold contract fell 0.09% or 1.10 to trade at $1214.50 a troy ounce.

USD/TWD was down 0.27% to 31.349, while TWD/CNY fell 0.05% to 0.2186.

The US Dollar Index was up 0.22% at 100.17.

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