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Taiwan shares higher at close of trade; Taiwan Weighted up 1.79%

Source Investing

Investing.com – Taiwan equities were higher at the close on Tuesday, as gains in the Semiconductor, Machinery and Electronic Parts/Components sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted added 1.79%.

The biggest gainers of the session on the Taiwan Weighted were Arima Communications Corp (TW:8101), which rose 350.24% or 7.39 points to trade at 9.50 at the close. EZconn Corp (TW:6442) added 9.97% or 36.00 points to end at 397.00 and Epileds Technologies Inc (TW:4956) was up 9.96% or 2.65 points to 29.25 in late trade.

Biggest losers included Kaori Heat Treatment Co Ltd (TW:8996), which lost 9.99% or 39.00 points to trade at 351.50 in late trade. Lead Data Inc (TW:2443) declined 9.85% or 0.39 points to end at 3.57 and Formosa Oilseed Processing Co Ltd (TW:1225) shed 5.73% or 7.50 points to 123.50.

Declining stocks outnumbered rising ones by 0 to 0 on the Taiwan Stock Exchange.

In commodities trading, Crude oil for November delivery was down 1.69% or 1.30 to $75.84 a barrel. Meanwhile, Brent oil for delivery in December fell 1.63% or 1.32 to hit $79.61 a barrel, while the December Gold Futures contract fell 0.05% or 1.35 to trade at $2,664.65 a troy ounce.

USD/TWD was up 0.06% to 32.20, while TWD/CNY unchanged 0.55% to 0.22.

The US Dollar Index Futures was down 0.13% at 102.17.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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