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Taiwan stocks decrease at close of trade
On Monday, Taiwan stocks sank after the close, as losses in the Paper & Pulp as well as Transport sectors brought stocks down.
The Taiwan Weighted edged down 0.17% to reach a fresh 1-month minimum.
On the Taiwan Weighted, the best performers included such benchmarks as Alchip Technologies Ltd, Fulgent Sun and Teapo. They soared respectively 10.00%, 9.92% and 9.82%.
The worst performers were Inventec Besta, Sunrace and Tatung Co Ltd. They declined respectively 9.91%, 9.80% and 9.21%.
Sagging shares supplanted surging ones on the Taiwan Stock Exchange by 518 to 260, while 96 remained intact.
Stocks in Alchip Technologies Ltd rallied to 52-week peaks, growing 10.00% and getting to 55.00. Stocks in Fulgent Sun ascended to 52-week peaks, leaping 9.92% and surging to 73.10. Additionally, stocks in Teapo jumped to 3-years peaks, leaping 9.82% and showing 24.60.
The currency pair USD/TWD declined 0.11%, trading at 30.356, while TWD/CNY sank 0.09%, being worth 0.2265.
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.