Tuesday 1 March 2016

Taiwan stocks higher at close of trade; Taiwan Weighted up 0.89%


Category: Stock Market


Taiwan stocks were higher after the close on Tuesday, as gains in the Glass, Optoelectronic and Electricity sectors led shares higher.At the close in Taiwan, the Taiwan Weighted gained 0.89% to hit a new 3-months high.The best performers of the session on the Taiwan Weighted were Acbel (TW:6282), which rose 10.00% or 2.35 points to trade at 25.85 at the close. Meanwhile, Coadna (TW:4984) added 10.00% or 4.90 points to end at 53.90 and Chinese Mariti (TW:2612) was up 9.98% or 2.40 points to 26.45 in late trade.The worst performers of the session were Twn Styrene Mo (TW:1310), which fell 4.37% or 0.80 points to trade at 17.50 at the close. Cyberpower (TW:3617) declined 3.21% or 3.50 points to end at 105.50 and De Licacy Ind (TW:1464) was down 3.18% or 1.25 points to 38.00.Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 568 to 202 and 80 ended unchanged.Shares in Coadna (TW:4984) rose to 3-years highs; gaining 10.00% or 4.90 to 53.90.Crude oil for April delivery was up 1.01% or 0.34 to $34.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.66% or 0.24 to hit $36.81 a barrel, while the April Gold contract rose 0.90% or 11.10 to trade at $1245.50 a troy ounce.USD/TWD was down 1.09% to 33.123, while TWD/CNY fell 0.05% to 0.1965.The US Dollar Index was down 0.13% at 98.15.

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