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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.73%

By Investing.com2 min readInvesting.com
Taiwan stocks lower at close of trade; Taiwan Weighted down 0.73%Taiwan stocks lower at close of trade; Taiwan Weighted down 0.73%

Taiwan stocks lower at close of trade; Taiwan Weighted down 0.73%

Taiwan stocks were lower after the close on Wednesday, as losses in the , Information Services and Other Electronic sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted fell 0.73% to hit a new 3-months low.

The best performers of the session on the Taiwan Weighted were AMAX Holding Co Ltd (TW:6933), which rose 10.00% or 33.50 points to trade at 368.50 at the close. Meanwhile, Formosan Union Chemical Corp (TW:1709) added 10.00% or 4.40 points to end at 48.40 and Chia Ta World Co Ltd (TW:2033) was up 9.99% or 7.00 points to 77.10 in late trade.

The worst performers of the session were Syntec Technology Co Ltd (TW:7750), which fell 9.97% or 165.00 points to trade at 1,490.00 at the close. Systex Corp (TW:6214) declined 9.90% or 20.00 points to end at 182.00 and Kuangli Photoelectric Technology Co Ltd (TW:6431) was down 7.62% or 1.25 points to 15.15.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 568 to 450 and 110 ended unchanged.

Shares in Chia Ta World Co Ltd (TW:2033) rose to all time highs; rising 9.99% or 7.00 to 77.10.

Crude oil for December delivery was up 0.07% or 0.07 to $96.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.13% or 0.13 to hit $103.73 a barrel, while the December Gold Futures contract rose 1.70% or 67.12 to trade at $4,007.52 a troy ounce.

USD/TWD was up 0.06% to 32.84, while TWD/CNY unchanged 0.25% to 0.20.

The US Dollar Index Futures was down 0.39% at 101.33.