Taiwan Stock Market Update

Investing.com – Taiwan stocks closed higher on Monday, driven by gains in the Semiconductor, Electronics, and Electrical/Machinery sectors.

At the close, the Taiwan Weighted index rose 1.88%, reaching a new three-month high.

Best Performers

• Arima Communications Corp (TW:8101): +350.24% (7.39 points) to 9.50
• Evermore Chemical Industry Co Ltd (TW:1735): +9.93% (2.10 points) to 23.25
• Ledtech Electronics Corp (TW:6164): +9.67% (1.63 points) to 18.44

Worst Performers

• Lead Data Inc (TW:2443): -9.85% (0.39 points) to 3.57
• LARGAN Precision Co Ltd (TW:3008): -8.64% (220.00 points) to 2,325.00
• RichWave Technology Corp (TW:4968): -6.99% (13.50 points) to 179.50

Falling stocks were outnumbered by advancing ones with no specific counts reported.

Arima Communications Corp and Ledtech Electronics Corp reached three-year highs during trading.

Commodity prices

• Crude Oil (December delivery): +0.48% ($0.33) to $69.02 a barrel
• Brent Oil (December delivery): +0.34% ($0.25) to $73.31 a barrel
• Gold Futures (December): +0.36% ($9.90) to $2,739.90 per troy ounce

Currency Updates

• USD/TWD: -0.31% to 31.96
• TWD/CNY: unchanged at 0.41
• US Dollar Index Futures: +0.03% at 103.34