Taiwan stocks descend at close of trade

On Thursday, Taiwan stocks dropped, as losses in the Other Electronic as well as Semiconductor sectors brought shares down.

The Taiwan Weighted dived 0.28%.

Union Insuranc, AP Memory Technology Corp and Shin Kong Fhc turned to be the best performers of the trading session on the Taiwan Weighted. They rose 10.00%, 9.89% and 9.89% respectively.

The worst performers of the session were represented by Tai-I, Transasia and Genesis Photon. They dropped respectively 9.91%, 9.83% and 7.05%.

Diving shares outclassed growing ones on the Taiwan Stock Exchange by 440 to 334, while 98 remained intact.

Shares in Tai-I dropped to 3-years minimums, down 9.91%. Stocks in Transasia sagged to all time minimums, tumbling 9.83%. Stocks in Shin Kong Fhc tacked on to 52-week peaks, earning 9.89%. Additionally, stocks in Genesis Photon dipped to all time minimums, losing 7.05%.

The currency pair USD/TWD ascended 0.19%, showing 31.935, while TWD/CNY declined 0.19%, trading at 0.2152.

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