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On Wednesday, Taiwan stocks rallied after the close because profits in the Other Electronic, Trading & Consumer Goods as well as Cement sectors brought stocks up.
The Taiwan Weighted edged up 1.41%.
On the Taiwan Weighted the best performance was demonstrated by such benchmarks as Kpt Industries, Advanced Optoelectronic Tech and Rexon Indu. They rallied respectively 10.00%, 9.95% and 9.95%.
As for the worst performers, they were represented by Tai-I, Ennoconn and Tatung Co Ltd. They sank respectively 9.80%, 9.71% and 6.54%.
Ascending stocks managed to outnumber diving ones on the Taiwan Stock Exchange by 494 to 293, while 89 remained intact.
Stocks in Kpt Industries gained to 52-week peaks, soaring 10.00% to 11.00. Stocks in Advanced Optoelectronic Tech climbed to 52-week peaks, adding 9.95% and getting to 30.95. Stocks in Ennoconn declined to 52-week minimums, sagging 9.71% and hitting 358.00. Besides this, stocks in Rexon Indu went up to all time peaks, acquiring 9.95% and being worth 21.00.
The currency pair USD/TWD decreased 0.30%, trading at 30.387, TWD/CNY dipped 0.04%, hitting 0.2266.
On Thursday, American equities jumped a bit due to the fact that market participants set aside fears over the everlasting trade conflict between China and America and turned their focus to economic data as well as earnings out later in the trading…
On Wednesday, EU key equities concluded up, recording their fourth straight winning marathon due to profits in the materials as well as chemicals sectors…
On Wednesday, American futures pointed to a lower start because market participants still worry over worsening trade war tensions…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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