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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.
US PCE Price Index will be out on Friday at 15:30 MT.
Microsoft joined Apple in the $2 trillion dollar club! Follow PMI reports from the US, UK, and EU throughout the day!
The Bank of England will release its statement and announce its monetary policy decision on June 24 at 14:00 MT.