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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.58%

Investing.com – Taiwan stocks were lower after the close on Friday, as losses in the , Plastic and Oil, Gas & Electricity sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted declined 0.58%.

The best performers of the session on the Taiwan Weighted were MiTAC Holdings Corp (TW:3706), which rose 9.90% or 7.20 points to trade at 79.90 at the close. Meanwhile, Billion Electric Co Ltd (TW:3027) added 9.87% or 3.35 points to end at 37.30 and Sakura Development Co Ltd (TW:2539) was up 9.86% or 5.00 points to 55.70 in late trade.

The worst performers of the session were Logah Technology Corp (TW:3593), which fell 9.92% or 0.84 points to trade at 7.63 at the close. Lead Data Inc (TW:2443) declined 9.85% or 0.39 points to end at 3.57 and Avision Inc (TW:2380) was down 9.66% or 0.48 points to 4.49.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0.

Shares in MiTAC Holdings Corp (TW:3706) rose to all time highs; rising 9.90% or 7.20 to 79.90. Shares in Logah Technology Corp (TW:3593) fell to 3-years lows; falling 9.92% or 0.84 to 7.63. Shares in Avision Inc (TW:2380) fell to 3-years lows; losing 9.66% or 0.48 to 4.49.

Crude oil for January delivery was up 0.11% or 0.08 to $70.18 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.09% or 0.07 to hit $74.30 a barrel, while the December Gold Futures contract rose 0.59% or 15.80 to trade at $2,690.70 a troy ounce.

USD/TWD was unchanged 0.01% to 32.55, while TWD/CNY unchanged 0.18% to 0.22.

The US Dollar Index Futures was up 0.19% at 107.13.

This post appeared first on investing.com






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