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Taiwan shares higher at close of trade; Taiwan Weighted up 0.53%

Published 2016-11-30, 01:45 a/m
Updated 2016-11-30, 01:45 a/m
© Reuters.  Taiwan shares higher at close of trade; Taiwan Weighted up 0.53%

Investing.com – Taiwan equities were higher at the close on Wednesday, as gains in the Oil, Gas & Electricity, Construction and Auto sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted gained 0.53%.

The biggest gainers of the session on the Taiwan Weighted were Kingcan (TW:8411), which rose 9.98% or 2.90 points to trade at 31.95 at the close. Pacific Constr (TW:2506) added 9.91% or 1.10 points to end at 12.20 and Kee Tai Proper (TW:2538) was up 9.89% or 0.90 points to 10.00 in late trade.

Biggest losers included Transasia (TW:6702), which lost 9.84% or 0.37 points to trade at 3.39 in late trade. Ygg (TW:1589) declined 5.31% or 6.00 points to end at 107.00 and Silergy (TW:6415) shed 5.17% or 26.50 points to 486.50.

Advancing stocks outnumbered falling ones by 446 to 319 and 106 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.73% or 0.33 to $45.56 a barrel. Meanwhile, Brent oil for delivery in February rose 0.80% or 0.38 to hit $47.70 a barrel, while the February Gold contract rose 0.07% or 0.80 to trade at $1191.60 a troy ounce.

USD/TWD was up 0.17% to 31.872, while TWD/CNY fell 0.32% to 0.2168.

The US Dollar Index was up 0.12% at 101.10.

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