2 months ago
Stock Market

Taiwan stocks lower at close of trade; Taiwan Weighted down 0.50%

Investing.com – Taiwan stocks were lower after the close on Wednesday, as losses in the , Electronic Parts/Components and Machinery

Investing.com – Taiwan stocks were lower after the close on Wednesday, as losses in the , Electronic Parts/Components and Machinery sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted declined 0.50% to hit a new 52-week low.

The best performers of the session on the Taiwan Weighted were Uniflex Technology Inc (TW:3321), which rose 9.86% or 1.05 points to trade at 11.70 at the close. Meanwhile, Harvatek Corp (TW:6168) added 8.75% or 1.05 points to end at 13.05 and Huaku Development Co Ltd (TW:2548) was up 7.32% or 4.60 points to 67.40 in late trade.

The worst performers of the session were Hotel Holiday Garden (TW:2702), which fell 9.05% or 2.25 points to trade at 22.60 at the close. Jui Li Enterprise Co Ltd (TW:1512) declined 8.43% or 0.75 points to end at 8.15 and Gigabyte Technology Co Ltd (TW:2376) was down 8.02% or 3.60 points to 41.30.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 532 to 245 and 134 ended unchanged.

Crude oil for February delivery was up 0.49% or 0.21 to $42.74 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.32% or 0.16 to hit $50.61 a barrel, while the February Gold Futures contract rose 0.43% or 5.45 to trade at $1277.25 a troy ounce.

USD/TWD was up 0.07% to 30.833, while TWD/CNY unchanged 0.00% to 0.2238.

The US Dollar Index Futures was up 0.06% at 96.067.