Taiwan stocks lower at close of trade; Taiwan Weighted down 2.28%

Investing.com – Taiwan stocks were lower after the close on Tuesday, as losses in the , Other Electronic and Electronic Parts/Components sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted declined 2.28% to hit a new 1-month low.

The best performers of the session on the Taiwan Weighted were New Asia Construction & Development Corp (TW:2516 ), which rose 9.32% or 1.30 points to trade at 15.25 at the close. Meanwhile, Formosa Petrochemical Corp (TW:6505 ) added 6.84% or 2.25 points to end at 35.15 and Shin Tai Industry Co Ltd (TW:1235 ) was up 6.09% or 4.10 points to 71.40 in late trade.

The worst performers of the session were ASRock Inc (TW:3515 ), which fell 10.00% or 24.50 points to trade at 220.50 at the close. Gold Circuit Electronics Ltd (TW:2368 ) declined 9.96% or 22.50 points to end at 203.50 and PCL Technologies Inc (TW:4977 ) was down 9.93% or 15.00 points to 136.00.

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

Shares in New Asia Construction & Development Corp (TW:2516 ) rose to all time highs; rising 9.32% or 1.30 to 15.25.

Crude oil for March delivery was down 0.47% or 0.36 to $76.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.54% or 0.44 to hit $80.57 a barrel, while the February Gold Futures contract rose 0.22% or 5.79 to trade at $2,684.39 a troy ounce.

USD/TWD was up 0.11% to 33.09, while TWD/CNY unchanged 0.14% to 0.22.

The US Dollar Index Futures was down 0.33% at 109.45.

Source: Investing.com