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Taiwan stocks jump at close of trade
On Tuesday, Taiwan stocks rallied. It’s because profits in the Optoelectronic, Trading & Consumer Goods as well as Electronic Parts/Components sectors backed equities.
The Taiwan Weighted grew 0.02%.
Winners of the session on the Taiwan Weighted were represented by Jentech Precision Industrial Co Ltd, ALi Corp and Sumagh High Tech Corp. They gained 9.99%, 9.92% and 9.88% respectively.
Losers lost 8.33%, 5.43% and 4.03% respectively. These were Prince Housing & Development Corp, Jye Tai Precision Industrial Co Ltd and Taiwan Cement Corp.
Equities in ALi Corp climbed to 52-week peaks earning 9.92% and demonstrating 21.05. Equities in Sumagh High Tech Corp jumped to 5-year maximums adding 9.88% and showing 32.80.
Leaping equities outnumbered sagging ones on the Taiwan Stock Exchange by 391 to 365, while 119 were intact.
The currency pair USD/TWD slumped 0.14% being worth 30.309, TWD/CNY added 0.13% trading at 0.2229.
Riskier currencies and stocks are in favor of investors. Surprisingly, gold rallies too. Let’s have a closer look.
Congratulations! Gold has just opened a new era... or, rather, reopened...
Canada will publish the employment change and the unemployment rate on July 10, at 15:30 MT time.