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Taiwan shares higher at close of trade; Taiwan Weighted up 0.55%

Published 2018-10-22, 02:45 a/m
© Reuters.  Taiwan shares higher at close of trade; Taiwan Weighted up 0.55%
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Investing.com – Taiwan equities were higher at the close on Monday, as gains in the Oil, Gas & Electricity, Optoelectronic and Electronic Parts/Components sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted rose 0.55%.

The biggest gainers of the session on the Taiwan Weighted were Ruentex Materials Co Ltd (TW:8463), which rose 10.00% or 3.00 points to trade at 33.00 at the close. Lotes Co Ltd (TW:3533) added 10.00% or 15.00 points to end at 165.00 and RichWave Technology Corp (TW:4968) was up 9.94% or 3.60 points to 39.80 in late trade.

Biggest losers included Pharmally International Holding Co Ltd (TW:6452), which lost 9.96% or 53.50 points to trade at 483.50 in late trade. Elan Microelectronics Corp (TW:2458) declined 9.04% or 5.20 points to end at 52.30 and Hsin Ba Ba Corp (TW:9906) shed 7.02% or 0.68 points to 9.01.

Advancing stocks outnumbered falling ones by 620 to 222 and 60 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.71% or 0.49 to $69.77 a barrel. Meanwhile, Brent oil for delivery in December rose 0.73% or 0.58 to hit $80.36 a barrel, while the December Gold Futures contract rose 0.10% or 1.20 to trade at $1229.90 a troy ounce.

USD/TWD was down 0.15% to 30.858, while TWD/CNY rose 0.18% to 0.2257.

The US Dollar Index Futures was down 0.13% at 95.26.

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