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On Tuesday, Taiwan equities rallied after the close. It’s because profits in the Transport, Electricity and also Biotech & Medical Care sectors underpinned stocks.
The Taiwan Weighted tacked on 0.08%.
Ace Pillar Co Ltd, Leadtek Research Inc and Evermore Chemical Industry Co Ltd grew respectively 9.97%, 9.97% and 9.91%, thus becoming the winners of the session on the Taiwan Weighted.
Meanwhile, the losers of the session on the Taiwan Weighted were represented by such benchmarks as Paragon Technologies Co Ltd, Nien Made Enterprise Co Ltd and TSEC Corp. They dropped 9.81%, 4.14% and 3.28% respectively.
On the Taiwan Stock Exchange jumping equities outnumbered sagging shares by 429 to 314, while 132 didn’t change.
Stocks in Ace Pillar Co Ltd inched up to 3-years maximums, gaining 9.97% hitting 32.55. Equities in Leadtek Research Inc ascended to 5-year peaks reaching 19.85. As for stocks in Evermore Chemical Industry Co Ltd, they tacked on to 5-year maximums, jumping 9.91% being worth 18.85.
The currency pair USD/TWD slumped 0.06% showing an outcome of 30.238, TWD/CNY sank 0.09% trading at 0.2193.
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…
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…
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
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