There are some doubts about Apple sustainability amid coronavirus. Who will buy and who will produce new IPhones?
Taiwan equities soar at close of trade
On Friday, Taiwan stocks rallied after the close because leaps in the Optoelectronic, Transport as well as Other Electronic sectors underpinned shares.
The Taiwan Weighted edged up 0.68%.
On the Taiwan Weighted the leading benchmarks were Genius Electronic Optical Co Ltd, Genesis Photonics Inc and CX Technology Corp. They all soared 10.00%.
Meanwhile, the losers Pal Wonn Taiwan Co Ltd, Y.C.C. Parts MFG Co Ltd and King Slide Works Co Ltd slid 6.59%, 6.08% and 5.21% respectively.
Growing stocks outperformed sagging equities on the Taiwan Stock Exchange by 563 to 202, while 112 didn’t change.
The currency pair USD/TWD inched down 0.28% being worth 29.968. At the same time TWD/CNY declined 0.18% demonstrating 0.2164.
The US Dollar Index Futures slumped 0.32% showing 91.20.
Meanwhile, October delivery crude futures slumped 0.06% reaching $49.06 a barrel. November delivery crude futures added 0.31% trading at $54.66 a barrel.
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Here are the most important topics that will determine the dynamics of currencies, commodities and stocks on Thursday, April 9. N