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On Friday, Taiwan's stock market concluded up by strengthening the sectors of optoelectronics, electricity as well as hotel business.
Taiwan Weighted tacked on 0.09% at the close of the Taiwan Stock Exchange .
The leaders of the surge among the components of the Taiwan Weighted Index were Min Aik Precision Industrial Co Ltd that tacked on by 9.91% concluding at 44.90. Quotes of Unitech Printed Circuit Board Corp soared by 9.86%, completing trades at the level of 22.85. Formosa Sumco Technology Corp inched up by 9.73%, concluding at 124.00.
The leaders of the fall were represented by the equities of Chaintech Technology Corp, which went down 9.88%, concluding the trading session at around 26.45. Shares of Coland Holdings Ltd climbed 9.78% to close at 41.50, while Sumagh High Tech Corp went down by 7 , 14% and concluded trading at around 26.00.
On the Taiwan Stock Exchange, the number of depreciated securities (461) managed to exceed the number of those finding themselves in positive territory (343). At the same time quotations of 111 shares didn’t change.
Sumagh High Tech Corp headed south to a 52-week minimum, descending about 7.14% and concluding this trading session at approximately 26.00.
In addition to this, May delivery WTI futures went down 0.19% coming up with an outcome of $66.94 per barrel. As for other products, the price of June delivery Brent crude futures decreased by 0.18% showing a reading of $71.89 per barrel. Additionally, June delivery gold futures dived 0.13% being worth $1.340.20 per troy ounce.
Meanwhile, in the Forex market, the currency pair USD/TWD tacked on 0.06% hitting 29,319, while the currency pair TWD/CNY sagged 0.09% ending up with the level of 0.2144.
As for futures on the USD index, they went up by 0.02% being worth 89.51.
On Thursday, Asian stocks rallied after the major US bank took a more accommodative stance at its policy gathering, although worries over US-China trade negotiations and decelerating global surged capped broad profits and suppressed some markets…
On Wednesday, American stocks were nearly intact because market participants awaited more clarity on the Fed’s interest rate outlook for 2019, while some trade fears still persisted…
On Wednesday, Asian stocks dived because investors took profits ahead of a policy decision by the Fed, anticipated to tell more about its interest rate plans for the rest of 2019…
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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