Taiwan stocks drop at close of trade

On Thursday, Taiwan stocks headed south, as losses in the Textile as well as Computers & Peripherals sectors pushed stocks down.

The Taiwan Weighted sagged 0.79%, hitting a fresh 1-month minimum.

The best performers of the trading session on the Taiwan Weighted were represented by Orise Tech, Epileds Tech and Pelican. They managed to ascend 9.86%,8.70% and 5.22% respectively.   

Those, demonstrating the worst performance and tumbling 9.96%, 9.65% and 8.33% respectively, were Enterex International Ltd, Coadna and RichWave Technology Corp.        

On the Taiwan Stock Exchange, the stocks heading lower, managed to outperform soaring ones by 582 to 167, while 116 ended intact.

Stocks in RichWave Technology Corp dropped to 52-week minimums, dipping 8.33% or 4.60 to 50.60.

The currency pair USD/TWD went down 0.25%, reaching the value of 31.479. At the same time,the currency pair TWD/CNY climbed up 0.23%, being worth 0.2153.

The US Dollar Index headed south 0.24%, demonstrating 97.16.

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