Taiwan Stock Market Update

Investing.com – Taiwan stocks closed higher on Thursday, with gains in the Information Services, Optoelectronic, and Machinery sectors leading the increase.

At the close, the Taiwan Weighted Index rose 0.43%.

Top Performers

• Jenn Feng New Energy Co Ltd (TW:1538): +70.12% (+11.92 points) to 28.92
• Epileds Technologies Inc (TW:4956): +10.00% (+3.35 points) to 36.85
• Microtek International Inc (TW:2305): +10.00% (+1.45 points) to 15.95

Worst Performers

• Shin Tai Industry Co Ltd (TW:1235): -6.19% (-5.10 points) to 77.30
• Arima Communications Corp (TW:8101): -4.23% (-0.80 points) to 18.10
• Kuangli Photoelectric Technology Co Ltd (TW:6431): -3.44% (-0.50 points) to 14.05

Falling stocks did not outnumber advancing ones on the Taiwan Stock Exchange.

Additional Highlights

• Jenn Feng New Energy Co Ltd reached 5-year highs with a 70.12% increase.
• Crude Oil: February delivery increased 0.11% to $70.18 a barrel.
• Brent Oil: March delivery rose 0.08% to $73.23 a barrel.
• Gold: February futures were up 0.19% to $2640.44 a troy ounce.
• Exchange Rates: USD/TWD rose 0.20% to 32.74, while TWD/CNY remained unchanged at 0.22.
• The US Dollar Index Futures decreased 0.08% to 107.94.