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On Thursday, Taiwan stocks ascended after the close. It’s because revenues in the Electricity, Paper & Pulp as well as Transport sectors drove stocks.
The Taiwan Weighted jumped 0.64%, reaching a fresh all time peak.
Hiyes International Co Ltd, Hung Chou Fiber Ind Co Ltd and Chung Fu Tex-International Corp demonstrated the best performance on the Taiwan Weighted. They tacked on 9.98%, 9.98% and 9.94% respectively.
On the contrary, Jenn Feng New Energy Co Ltd, China Electric Manufacturing Corp and Alchip Technologies Ltd turned to be the worst performers. They lost respectively 7.63%, 5.19% and 4.92%.
On the Taiwan Stock Exchange ascending stocks outperformed losing ones by 509 to 256, while 107 ended intact.
The currency pair USD/TWD went down 0.37%, being worth 30.059. Meanwhile, TWD/CNY edged down 0.09%, trading at 0.2287.
Aside from that, the US Dollar Index Futures headed south 0.03%, getting to 96.92.
On Friday, Wall Street's key indexes were braced for reporting their biggest weekly profits for a month because traders were quite optimistic about the everlasting trade negotiations to tackle a bruising tariff clash between China and America…
On Thursday, Wall Street shrugged off early losses because a sudden dive in retail sales affected investor hopes for progress at the everlasting US-China trade negotiations in Beijing…
On Wednesday, European equities went up because upbeat mood about Washington and Beijing trade negotiations backed global markets, while data revealed that earnings surge estimates for the European Union are stabilizing after abrupt downward revisions…
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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