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Taiwan shares lower at close of trade; Taiwan Weighted down 0.48%

Published 2018-05-23, 02:45 a/m
© Reuters.  Taiwan shares lower at close of trade; Taiwan Weighted down 0.48%
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Investing.com – Taiwan equities were lower at the close on Wednesday, as losses in the , Electronic Parts/Components and Cement sectors propelled shares lower.

At the close in Taiwan, the Taiwan Weighted lost 0.48%.

The biggest gainers of the session on the Taiwan Weighted were Lung Hwa Electronics Co Ltd (TW:2424), which rose 10.00% or 2.20 points to trade at 24.20 at the close. Chuwa Wool Industry Co Taiwan Ltd (TW:1439) added 9.99% or 3.90 points to end at 42.95 and Ene Technology Inc (TW:6243) was up 9.93% or 1.35 points to 14.95 in late trade.

Biggest losers included Walsin Technology Corp (TW:2492), which lost 10.00% or 34.00 points to trade at 306.00 in late trade. Holy Stone Enterprise Co Ltd (TW:3026) declined 9.96% or 24.00 points to end at 217.00 and Abocom Systems Inc (TW:2444) shed 9.82% or 2.15 points to 19.75.

Declining stocks outnumbered rising ones by 474 to 312 and 128 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.30% or 0.22 to $71.98 a barrel. Meanwhile, Brent oil for delivery in July fell 0.53% or 0.42 to hit $79.15 a barrel, while the June Gold Futures contract fell 0.20% or 2.60 to trade at $1289.40 a troy ounce.

USD/TWD was up 0.27% to 29.962, while TWD/CNY unchanged 0.00% to 0.2124.

The US Dollar Index Futures was up 0.11% at 93.61.

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