2 months ago
Stock Market

Taiwan stocks higher at close of trade; Taiwan Weighted up 0.89%

Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the Communication and Internet, Plastic and

Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the Communication and Internet, Plastic and Chemical sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.89%.

The best performers of the session on the Taiwan Weighted were Hwa Fong Rubber Ind Co Ltd (TW:2109), which rose 9.75% or 1.15 points to trade at 12.95 at the close. Meanwhile, Cheer Time Enterprise Co Ltd (TW:3229) added 8.81% or 1.70 points to end at 21.00 and Jourdeness Group Ltd (TW:4190) was up 7.80% or 8.00 points to 110.50 in late trade.

The worst performers of the session were Uniflex Technology Inc (TW:3321), which fell 8.30% or 0.95 points to trade at 10.50 at the close. Evertex Fabrinology Ltd (TW:1470) declined 5.91% or 1.10 points to end at 17.50 and San Chih Semiconductor Inc Ltd (TW:3579) was down 4.17% or 0.26 points to 5.98.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 454 to 331 and 127 ended unchanged.

Crude oil for February delivery was up 2.35% or 1.05 to $45.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.97% or 1.04 to hit $53.77 a barrel, while the February Gold Futures contract rose 0.13% or 1.65 to trade at $1282.75 a troy ounce.

USD/TWD was down 0.36% to 30.671, while TWD/CNY unchanged 0.00% to 0.2237.

The US Dollar Index Futures was down 0.10% at 95.907.