Taiwan stocks lower at close of trade; Taiwan Weighted down 0.61%

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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.61%Taiwan stocks lower at close of trade; Taiwan Weighted down 0.61%

Investing.com – Taiwan stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.

At the close in Taiwan, the lost 0.61%.

The best performers of the session on the were Sumagh High Tech Corp (TW:), which rose 10.00% or 1.40 points to trade at 15.40 at the close. Meanwhile, JSL Construction & Development Co Ltd (TW:) added 9.96% or 2.30 points to end at 25.40 and Thunder Tiger Corp (TW:) was up 9.92% or 0.84 points to 9.31 in late trade.

The worst performers of the session were Cheer Time Enterprise Co Ltd (TW:), which fell 9.86% or 2.10 points to trade at 19.20 at the close. Delpha Construction Co Ltd (TW:) declined 8.36% or 1.35 points to end at 14.80 and Genesis Photonics Inc (TW:) was down 7.38% or 0.24 points to 3.01.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 488 to 299 and 89 ended unchanged.

Shares in Sumagh High Tech Corp (TW:) rose to 52-week highs; up 10.00% or 1.40 to 15.40.

Crude oil for July delivery was down 0.89% or 0.44 to $ 49.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.84% or 0.44 to hit $ 51.80 a barrel, while the June Gold Futures contract fell 0.02% or 0.23 to trade at $ 1261.87 a troy ounce.

USD/TWD was down 0.08% to 30.080, while TWD/CNY fell 0.61% to 0.2266.

The US Dollar Index Futures was up 0.12% at 97.34.

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