Taiwan stocks lower at close of trade; Taiwan Weighted down 0.64%

investing.com 29/10/2024 - 06:00 AM

Taiwan Stock Market Update

Investing.com – Taiwan stocks were lower after the close on Tuesday, with losses in the Semiconductor and Optoelectronic sectors leading shares downward.

At the close in Taiwan, the Taiwan Weighted declined 0.64%.

Best Performers

The best performers of the session on the Taiwan Weighted included:
Arima Communications Corp (TW:8101): rose 350.24% or 7.39 points to trade at 9.50 at the close.
Lien Chang Electronic Enterprise Co Ltd (TW:2431): added 10.00% or 1.75 points to end at 19.25.
Taiwan Pelican Express Co Ltd (TW:2642): was up 9.97% or 3.75 points to 41.35 in late trade.

Worst Performers

The worst performers of the session included:
Biostar Microtech International Corp (TW:2399): fell 10.00% or 4.05 points to trade at 36.45.
Min Aik Precision Industrial Co Ltd (TW:4545): declined 9.97% or 7.20 points to end at 65.00.
Lead Data Inc (TW:2443): was down 9.85% or 0.39 points to 3.57.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange.

Notable Achievements

Shares in Arima Communications Corp reached 3-year highs, rising 350.24% to 9.50. Lien Chang Electronic Enterprise Co Ltd saw 5-year highs, up 10.00% to 19.25.

Commodity Prices

  • Crude oil for December delivery fell 0.04% to $67.35 a barrel.
  • Brent oil for January fell 0.07% to $70.95 a barrel.
  • December Gold Futures rose 0.23% to $2,762.30 a troy ounce.

Currency Update

  • USD/TWD was down 0.03% to 32.10.
  • TWD/CNY unchanged at 0.22.
  • The US Dollar Index Futures was down 0.01% at 104.17.



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