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…
Taiwan equities dive at close of trade
On Tuesday, Taiwan equities went down after the close because losses in the Other Electronic as well as Paper & Pulp sectors pressured stocks.
The Taiwan Weighted decreased 0.52% showing a fresh all time maximum.
On the Taiwan Weighted the winners were Walsin Technology Corp, AOPEN Inc, Merida Industry Co Ltd. They inched up 9.77%, 6.37% and 6.30% respectively.
On the contrary, the losers were represented by such benchmarks as Genius Electronic Optical Co Ltd, Qisda Corp and Jung Shing Wire Co Ltd. They edged down respectively 9.95%, 5.91% and 5.69%.
On the Taiwan Stock Exchange diving equities supplanted rallying ones by 519 to 245, while 108 didn’t change.
Equities in Walsin Technology Corp edged up to all time maximum, ascending 9.77% getting to 82.00.
The currency pair USD/TWD tacked on 0.14% being worth 30.147. Meanwhile, TWD/CNY inched up 0.55% trading at 0.2195.
As for the US Dollar Index Futures, it slumped 0.21% hitting 91.62.
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…
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…
On Monday, gold declined notwithstanding a lower American currency because data underpinned hopes for a Fed interest rate lift…
On Friday, European stock indices fluctuated at the beginning of the trading session…
The Reserve Bank of New Zealand will hold a meeting at 00:00 MT time on August 9.