2 months ago
Stock Market

Taiwan stocks higher at close of trade; Taiwan Weighted up 0.48%

Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the Optoelectronic, Cement and Oil, Gas&Electricity

Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the Optoelectronic, Cement and Oil, Gas&Electricity sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.48% to hit a new 1-month high.

The best performers of the session on the Taiwan Weighted were Good Will Instrument Co Ltd (TW:2423), which rose 9.90% or 2.50 points to trade at 27.75 at the close. Meanwhile, Genesis Photonics Inc (TW:3383) added 9.88% or 0.16 points to end at 1.78 and Green Energy Technology Inc (TW:3519) was up 9.88% or 0.34 points to 3.78 in late trade.

The worst performers of the session were Sumagh High Tech Corp (TW:1475), which fell 10.00% or 1.11 points to trade at 9.99 at the close. Daxin Materials Corp (TW:5234) declined 5.08% or 5.00 points to end at 93.50 and Bonny Worldwide Ltd (TW:8467) was down 4.47% or 1.50 points to 32.05.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 588 to 209 and 120 ended unchanged.

Shares in Good Will Instrument Co Ltd (TW:2423) rose to all time highs; rising 9.90% or 2.50 to 27.75.

Crude oil for February delivery was up 1.27% or 0.66 to $52.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.19% or 0.73 to hit $61.91 a barrel, while the February Gold Futures contract fell 0.08% or 1.05 to trade at $1291.25 a troy ounce.

USD/TWD was up 0.06% to 30.841, while TWD/CNY rose 0.09% to 0.2197.

The US Dollar Index Futures was up 0.02% at 95.732.