Taiwan equities decline at close of trade

On Wednesday, Taiwan equities slumped after the close because losses in the Electricity as well as Paper & Pulp sectors suppressed stocks.

The Taiwan Weighted went down 0.66%.

On the Taiwan Weighted the winners were Kinko Optical Co Ltd, San Chih Semiconductor Inc Ltd and U-Tech Media Corp. They ascended respectively 10.00%, 10.00% and 9.96%.

As for losers, one should mention such benchmarks as Loop Telecommunication International Inc, Avision Inc and Sumagh High Tech Corp. They decreased 5.52%, 5.44% and 5.30% respectively.

Declining equities supplanted leaping ones on the Taiwan Stock Exchange by 561 to 218, while 94 ended didn’t change.

Equities in Kinko Optical Co Ltd went up to 5-year maximums, earning 10.00% and getting to 57.20. Stocks in San Chih Semiconductor Inc Ltd grew to 52-week peaks, grasping 10.00% and getting to 15.95.

The currency pair USD/TWD grew 0.08% being worth 30.090, TWD/CNY rallied 0.14% trading at 0.2182.

Similar

15.05.2019 13:34 Futures head south after China data points to decelerating retail sales

On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…

stock market wall street geopolitics

15.05.2019 12:12 Italian budget fears suppress stocks

On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…

stock market europe geopolitics

14.05.2019 09:17 Asian stocks head south to three-and-a-half month minimum

On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…

stock market asia geopolitics