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Taiwan stocks lower at close of trade; Taiwan Weighted down 3.83%

By Investing.com2 min readInvesting.com
Taiwan stocks lower at close of trade; Taiwan Weighted down 3.83%Taiwan stocks lower at close of trade; Taiwan Weighted down 3.83%

Taiwan stocks lower at close of trade; Taiwan Weighted down 3.83%

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

At the close in Taiwan, the Taiwan Weighted lost 3.83% to hit a new 3-months low.

The best performers of the session on the Taiwan Weighted were Kuangli Photoelectric Technology Co Ltd (TW:6431), which rose 9.70% or 1.45 points to trade at 16.40 at the close. Meanwhile, Taiwan Glass Ind Corp (TW:1802) added 6.28% or 4.00 points to end at 67.70 and Chung Fu Tex-International Corp (TW:1435) was up 5.99% or 1.20 points to 21.25 in late trade.

The worst performers of the session were Lintes Technology Co Ltd (TW:6715), which fell 10.00% or 43.00 points to trade at 387.00 at the close. Kinsus Interconnect Technology Corp (TW:3189) declined 10.00% or 91.00 points to end at 819.00 and Cosmo Electronics Corp (TW:2466) was down 10.00% or 38.00 points to 342.00.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 1027 to 62 and 34 ended unchanged.

Crude oil for December delivery was up 1.01% or 0.97 to $97.43 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.96% or 1.01 to hit $105.78 a barrel, while the December Gold Futures contract fell 1.05% or 41.75 to trade at $3,927.85 a troy ounce.

USD/TWD was up 0.43% to 32.76, while TWD/CNY unchanged 0.00% to 0.20.

The US Dollar Index Futures was down 0.02% at 101.61.