Taiwan stocks higher at close of trade; Taiwan Weighted up 1.17%

Taiwan stocks higher at close of trade; Taiwan Weighted up 1.17%Taiwan stocks higher at close of trade; Taiwan Weighted up 1.17%

Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the , and sectors led shares higher.

At the close in Taiwan, the added 1.17%.

The best performers of the session on the were King Core Electronics Inc (TW:), which rose 10.00% or 4.70 points to trade at 51.70 at the close. Meanwhile, Rexon Industrial Corp Ltd (TW:) added 9.95% or 3.95 points to end at 43.65 and Lily Textile Co Ltd (TW:) was up 9.93% or 0.69 points to 7.64 in late trade.

The worst performers of the session were Arima Communications Corp (TW:), which fell 5.31% or 0.13 points to trade at 2.32 at the close. Makalot Industrial Co Ltd (TW:) declined 4.36% or 6.00 points to end at 131.50 and Bonny Worldwide Ltd (TW:) was down 3.77% or 1.20 points to 30.60.

Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 606 to 201 and 110 ended unchanged.

Shares in King Core Electronics Inc (TW:) rose to all time highs; gaining 10.00% or 4.70 to 51.70. Shares in Arima Communications Corp (TW:) fell to all time lows; losing 5.31% or 0.13 to 2.32. Shares in Lily Textile Co Ltd (TW:) rose to 3-years highs; up 9.93% or 0.69 to 7.64. Shares in Bonny Worldwide Ltd (TW:) fell to all time lows; losing 3.77% or 1.20 to 30.60.

Crude oil for August delivery was down 0.11% or 0.08 to $70.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.36% or 0.27 to hit $74.18 a barrel, while the August Gold Futures contract fell 0.08% or 1.00 to trade at $1245.60 a troy ounce.

USD/TWD was up 0.13% to 30.550, while TWD/CNY fell 0.14% to 0.2179.

The US Dollar Index Futures was up 0.14% at 94.70.

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