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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.99%

investing.com 05/12/2024 - 06:00 AM

Taiwan Stock Market Update

Investing.com – Taiwan stocks were higher after the close on Thursday, supported by gains in the Other Electronic, Electronic Parts/Components, and Glass sectors.

At the close in Taiwan, the Taiwan Weighted rose 0.99%.

Best Performers

The top performers on the Taiwan Weighted included:
PCL Technologies Inc (TW:4977): rose 10.00% or 13.00 points to 143.00 at the close.
FSP Technology Inc (TW:3015): increased 10.00% or 6.40 points to 70.40.
Polytronics Technology Corp (TW:6224): up 9.98% or 6.20 points to 68.30 in late trade.

Worst Performers

The worst performers for the session were:
Lead Data Inc (TW:2443): fell 9.85% or 0.39 points to 3.57.
Hitron Technologies Inc (TW:2419): declined 9.52% or 3.40 points to 32.30.
Shin Tai Industry Co Ltd (TW:1235): down 8.50% or 12.50 points to 134.50.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange.

Shares in PCL Technologies Inc (TW:4977) reached a 3-year high, up 10.00% or 13.00 to 143.00. Meanwhile, FSP Technology Inc (TW:3015) set an all-time high, rising 10.00% or 6.40 to 70.40.

Commodity Prices

  • Crude oil for January delivery: down 0.06% or 0.04 to $68.50 a barrel.
  • Brent oil for February delivery: fell 0.08% or 0.06 to $72.25 a barrel.
  • February Gold Futures: unchanged at $2,676.14 a troy ounce.

Currency Exchange Rates

  • USD/TWD: down 0.09% to 32.39.
  • TWD/CNY: unchanged at 0.22.
  • US Dollar Index Futures: down 0.14% at 106.14.



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