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On Tuesday, Taiwan's stock market concluded up. It became possible due to strengthening sectors of the pulp as well as paper industry, optoelectronics, to say nothing of machine building.
At the time of closing on the Taiwan Stock Exchange, Taiwan Weighted managed to go up by approximately 0.31%.
As for the leaders of growth among the components of the Taiwan Weighted Index, one should mention Shunsin Technology Holdings Ltd, which rallied by 10.00% being worth 165.00. Quotations Ace Pillar Co Ltd jumped by about 9.95%, concluding the trades at the level of 31.50. As for Paper Long Chen Paper Co Ltd, this index rose by 9.92% ending up with 35.45.
The leaders of the fall were shares of Century Iron and Steel Industrial Co Ltd, whose price fell by 9.95%, finishing the session at 83.30. ShiVision Biotech Inc surged by 9.95% concluding at 86.00, while Coland Holdings Ltd dived by 9,92% and concluded trading at 46.30.
On the Taiwan Stock Exchange, the overall number of sagging securities (454) exceeded the number of those that found themselves in positive territory (366). Meanwhile, the quotes of 96 shares were caught standing still.
Shunsin Technology Holdings Ltd gained to a 52-week maximum, soaring approximately 10.00% and concluding trading at 165.00.
In May, WTI crude futures added by 1.36% hitting $64.28 a barrel. As for other products, June delivery Brent futures soared by 1.33% hitting $69.56 per barrel. Besides this, June delivery gold futures headed south 0.25% coming up with $1.336.70 per troy ounce.
Meanwhile, in the foreign exchange market, the currency USD/TWD slumped up to 0.19% offering an outcome of 29,198, while the currency pair TWD/CNY dived 0.23%, hitting the level of 0.2160.
Besides this, futures on the USD index headed north by 0.04% demonstrating an outcome of 89.57.
On Wednesday, European equities surged due to the fact that Italian financial institutions rebounded on expectations that Rome could come to a compromise with Brussels over its budget plans…
On Wednesday, Asian equities kept rebounding following a steep dive on Wall Street overnight…
On Tuesday, American futures declined by 1% because a technology rout in the previous trading marathon provoked by fears over iPhone sales affected investors' appetite for high-surge companies…
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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