Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
Taiwan equities inch up at close of trade
On Thursday, Taiwan shares grew after the close because revenues in the Electricity, Oil, Gas & Electricity as well as Transport sectors underpinned stocks.
The Taiwan Weighted tacked on 0.20%.
On the Taiwan Weighted the winners were represented by such benchmarks as Paragon Technologies Co Ltd, Jung Shing Wire Co Ltd and Tri Ocean Textile Co Ltd. They ascended respectively 10.00%, 10.00% and 9.92%.
TPK Holding Co Ltd, Optimax Technology Corp and Ene Technology Inc became the worst performers, losing respectively 4.22%, 3.93% and 3.66%.
Ascending equities managed to supplant descending on the Taiwan Stock Exchange by 434 to 312, while 127 didn’t change.
Equities in Paragon Technologies Co Ltd inched up to 52-week maximums, soaring 10.00% and getting to 35.75. Equities in Jung Shing Wire Co Ltd rallied to 5-year maximums, earning 10.00% and reaching 14.85. As for stocks in Tri Ocean Textile Co Ltd, they grew to 52-week peaks, adding 9.92% and hitting 20.50.
The currency pair USD/TWD rallied 0.21% hitting 30.113, TWD/CNY tacked on 0.05% showing 0.2158.
Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
Tesla stock drops in premarket trades on Thursday. Why? See the article (it's short) and use it to your advantage.
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
Australian Quarterly Private Capital Expenditure will be announced at 02:30 MT time on Thursday.
CB Consumer Confidence index will be announced at 17:00 MT time on Tuesday.