Taiwan stocks lower at close of trade; Taiwan Weighted down 0.42%

Stock market

Taiwan stocks were lower after the close on Tuesday, as losses in the Semiconductor and Electricity sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted lost 0.42%.

The best performers of the session on the Taiwan Weighted were Precision (TW:3016), which rose 9.94% or 1.80 points to trade at 19.90 at the close. Meanwhile, Ygg (TW:1589) added 9.38% or 16.00 points to end at 186.50 and Tainergy Tech (TW:4934) was up 9.31% or 1.35 points to 15.85 in late trade.

The worst performers of the session were Tri Ocean Text (TW:1472), which fell 6.25% or 1.00 points to trade at 15.00 at the close. Choice Develop (TW:9929) declined 6.03% or 0.70 points to end at 10.90 and Jye Tai Precision Industrial Co Ltd (TW:6165) was down 5.68% or 0.90 points to 14.95.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 395 to 345 and 111 ended unchanged.

Crude oil for September delivery was down 0.79% or 0.36 to $45.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.85% or 0.41 to hit $47.94 a barrel, while the December Gold contract rose 0.56% or 7.55 to trade at $1355.05 a troy ounce.

USD/TWD was down 0.59% to 31.151, while TWD/CNY rose 0.47% to 0.2130.

The US Dollar Index was down 0.54% at 95.06.

Source by Investing.com