Taiwan stocks higher at close of trade; Taiwan Weighted up 0.42%

Investing.com – Taiwan stocks were higher after the close on Wednesday, as gains in the Paper&Pulp, Plastic and Other Electronic sectors led shares higher.

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

The best performers of the session on the Taiwan Weighted were Meiloon Industrial Co Ltd (TW:2477), which rose 9.98% or 3.20 points to trade at 35.25 at the close. Meanwhile, Daxin Materials Corp (TW:5234) added 9.98% or 20.50 points to end at 226.00 and Abonmax Co Ltd (TW:2429) was up 9.97% or 2.85 points to 31.45 in late trade.

The worst performers of the session were Arima Communications Corp (TW:8101), which fell 9.95% or 0.21 points to trade at 1.90 at the close. Lead Data Inc (TW:2443) declined 9.85% or 0.39 points to end at 3.57 and Realtek Semiconductor Corp (TW:2379) was down 7.51% or 38.00 points to 468.00.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0.

Shares in Meiloon Industrial Co Ltd (TW:2477) rose to 3-years highs; up 9.98% or 3.20 to 35.25. Shares in Arima Communications Corp (TW:8101) fell to all time lows; falling 9.95% or 0.21 to 1.90. Shares in Daxin Materials Corp (TW:5234) rose to all time highs; rising 9.98% or 20.50 to 226.00.

Crude oil for November delivery was down 0.59% or 0.41 to $69.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.60% or 0.44 to hit $73.26 a barrel, while the December Gold Futures contract rose 0.10% or 2.50 to trade at $2,594.90 a troy ounce.

USD/TWD was up 0.02% to 31.95, while TWD/CNY unchanged 0.00% to 0.22.

The US Dollar Index Futures was down 0.06% at 100.50.