Taiwan stocks higher at close of trade; Taiwan Weighted up 2.13%

investing.com 03/12/2024 - 06:00 AM

Taiwan Stock Market Update

Investing.com – Taiwan stocks were higher after the close on Tuesday, led by gains in the Semiconductor, Electronics, and Electrical/Machinery sectors.

At the close in Taiwan, the Taiwan Weighted rose by 2.13%.

Best Performers

  • Logah Technology Corp (TW:3593): +9.97% (0.60 points) to 6.62
  • Arima Communications Corp (TW:8101): +9.95% (2.20 points) to 24.30
  • Lemtech Holdings Co Ltd (TW:4912): +9.81% (10.50 points) to 117.50

Worst Performers

  • Lead Data Inc (TW:2443): -9.85% (0.39 points) to 3.57
  • Lung Hwa Electronics Co Ltd (TW:2424): -6.47% (4.80 points) to 69.40
  • Ace Pillar Co Ltd (TW:8374): -5.19% (7.00 points) to 128.00

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

Shares in Arima Communications Corp reached 5-year highs, climbing 9.95%.

Commodities Trading

  • Crude Oil (January delivery): +0.19% ($68.23 per barrel)
  • Brent Oil (February delivery): +0.28% ($72.03 per barrel)
  • Gold Futures (February): +0.24% ($2,664.91 per troy ounce)

Currency Updates

  • USD/TWD: +0.10% to 32.64
  • TWD/CNY: unchanged at 0.22

The US Dollar Index Futures rose by 0.06% to 106.49.




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