Taiwan stocks higher at close of trade; Taiwan Weighted up 1.48%
Taiwan stocks closed higher on Wednesday, buoyed by gains in the Plastic, Chemical and Optoelectronic sectors. The Taiwan Weighted Index increased by 1.48%, ending at 1,016.50 points. PCL Technologies Inc (TW:4977) led the gains, surging 10.00% or 15.50 points to close at 170.50. ITEQ Corp (TW:6213) and Genius Electronic Optical Co Ltd (TW:3406) also posted impressive gains, rising 10.00% each to close at 583.00 and 759.00 respectively.
Conversely, Yang Ming Marine Transport Corp (TW:2609) and Wan Hai Lines Ltd (TW:2615) were the biggest losers, falling 9.43% and 9.09% respectively. Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 840 to 205, with 79 ending unchanged.
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