Taiwan stocks higher at close of trade; Taiwan Weighted up 0.62%

investing.com 11/11/2024 - 06:00 AM

Taiwan Stock Market Update

Investing.com – Taiwan stocks closed higher on Monday, driven by gains in the Semiconductor, Biotech & Medical Care, and Electronics sectors.

At the close, the Taiwan Weighted index rose 0.62%, reaching a new three-month high.

Best Performers

  • Arima Communications Corp (TW:8101): +350.24% or 7.39 points to trade at 9.50
  • Parpro Corp (TW:4916): +9.89% or 3.20 points to close at 35.55
  • MiTAC Holdings Corp (TW:3706): +9.87% or 4.85 points to finish at 54.00

Worst Performers

  • ALi Corp (TW:3041): -39.85% or 13.08 points to close at 19.75
  • Chien Kuo Construction Co Ltd (TW:5515): -20.18% or 5.54 points to end at 21.90
  • GeoVision Inc (TW:3356): -10.86% or 7.56 points to trade at 62.10

Overall, falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by an equal margin: 0 to 0.

Shares in Arima Communications Corp (TW:8101) rose to a 3-year high, reflecting a substantial increase of 350.24%.

Commodity Prices

  • Crude Oil (December): -0.47% to $70.05 per barrel
  • Brent oil (January): -0.35% to $73.61 per barrel
  • Gold (December Futures): -0.68% to $2,676.60 per troy ounce

Currency Update

  • USD/TWD: +0.30% to 32.35
  • TWD/CNY: Unchanged at 0.22
  • US Dollar Index Futures: +0.08% at 104.98



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