Taiwan equities inch up at close of trade

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.


Asian equities take a time out

On Tuesday, Asian equities took a tiny step back after three straight trading winning sessions, with financial markets consolidating hoping that an upswing in global surge could outlast a probable hike in American borrowing costs this week…


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