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Taiwan stocks rally at close of trade
On Monday, Taiwan stocks grew after the close on Monday. It’s because profits in the Machinery, Oil, Gas & Electricity as well as Plastic sectors spurred stocks.
The Taiwan Weighted earned 0.50%.
Jenn Feng, Gemtek Tech and Acceptance demonstrated the best results on the Taiwan Weighted. They soared respectively 10.00%, 9.99% and 9.97%.
As for the worst performers, these were Pal Wonn Taiwan Co Ltd, Ahoku Eltr and Kerry Tj. They tumbled 7.24%, 3.36% and 3.31% respectively.
On the Taiwan Stock Exchange rallying stocks outclassed descending ones by 398 to 351, while 127 ended intact.
July delivery crude futures gained 0.67%, demonstrating $51.01 a barrel. As for July delivery Brent crude futures, they leapt 0.62%, being worth $53.94 a barrel. Additionally, June gold futures gained 0.04%, trading at $1254.15 a troy ounce.
The currency pair USD/TWD tacked on 0.02%, reaching 30.012, TWD/CNY dived 0.09%, showing 0.2299.
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.