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Taiwan shares lower at close of trade; Taiwan Weighted down 0.25%

Published 2018-05-22, 02:45 a/m
Updated 2018-05-22, 02:45 a/m
Taiwan shares lower at close of trade; Taiwan Weighted down 0.25%

Investing.com – Taiwan equities were lower at the close on Tuesday, as losses in the , Glass and Plastic sectors propelled shares lower.

At the close in Taiwan, the Taiwan Weighted declined 0.25%.

The biggest gainers of the session on the Taiwan Weighted were Ritek Corp (TW:2349), which rose 10.00% or 1.050 points to trade at 11.550 at the close. APAQ Technology Co Ltd (TW:6449) added 10.00% or 6.40 points to end at 70.40 and Chaintech Technology Corp (TW:2425) was up 10.00% or 3.20 points to 35.20 in late trade.

Biggest losers included Abocom Systems Inc (TW:2444), which lost 9.88% or 2.40 points to trade at 21.90 in late trade. Chuwa Wool Industry Co Taiwan Ltd (TW:1439) declined 7.68% or 3.25 points to end at 39.05 and My Humble House Hospitality Management Consulting Co Ltd (TW:2739) shed 7.11% or 2.45 points to 32.00.

Declining stocks outnumbered rising ones by 498 to 303 and 111 ended unchanged on the Taiwan Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.29% or 0.21 to $72.56 a barrel. Meanwhile, Brent oil for delivery in July rose 0.23% or 0.18 to hit $79.40 a barrel, while the June Gold Futures contract fell 0.18% or 2.30 to trade at $1288.60 a troy ounce.

USD/TWD was up 0.02% to 29.916, while TWD/CNY fell 0.33% to 0.2129.

The US Dollar Index Futures was up 0.16% at 93.61.

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