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On Monday, Taiwan's stock market concluded the trading session up due to strengthening sectors of optoelectronics, glass production as well as transportation.
At the close of the Taiwan Stock Exchange, Taiwan Weighted managed to edge up 0.99%.
As for the growth leaders of the components of the Taiwan Weighted Index, one should point to shares of CSBC Corp Taiwan, which tacked on 10.00%, concluding at 24.20. Besides this, equities of HTC Corp also ascended 10.00%, concluding the auction at 60.50. Paper Chuwa Wool Industry Co Ltd soared 9.94%, concluding at 49.75.
Leaders of the dive were represented by shares of Cub Elecparts Inc – they went down 10.00%, concluding the trading session at 382.50. Shares of Chin-Poon Industrial Co Ltd rallied 10.00% ending up with an outcome of 39.15, Kingcan Holdings Ltd dived 7.42%, completing trading at 19.35.
On the Taiwan Stock Exchange, the number of more expensive securities (617) beat the number of closed shares in the red (213). At the same time quotes of 84 shares didn’t change.
Shares of Chin-Poon Industrial Co Ltd headed south to a 52-week minimum, losing 10.00% and concluding the trading session at 39.15. Shares of Chuwa Wool Industry Co Ltd ascended to a historic maximums, adding 9.94%, being worth 49.75. Quotes of Kingcan Holdings Ltd dived to a 52-week minimum, diving 7.42%, ending up with 19.35.
June delivery WTI futures edged down 0.40% hitting $67.83 a barrel. As for other products, July delivery Brent futures headed south by 0.50%, hitting $73.42 a barrel. In addition to this, June delivery gold futures dived 0.30% ending up with $1.319.40 a troy ounce.
Meanwhile, in the Forex market, the currency pair USD/TWD inched up by 0.19% hitting 29,610, while the pair TWD/CNY was intact, hitting 0.2149.
Futures on the USD index inched up by 0.04% ending up with 91.35.
On Thursday, Asian stocks rallied after the major US bank took a more accommodative stance at its policy gathering, although worries over US-China trade negotiations and decelerating global surged capped broad profits and suppressed some markets…
On Wednesday, American stocks were nearly intact because market participants awaited more clarity on the Fed’s interest rate outlook for 2019, while some trade fears still persisted…
On Wednesday, Asian stocks dived because investors took profits ahead of a policy decision by the Fed, anticipated to tell more about its interest rate plans for the rest of 2019…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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