Taiwan Stock Market Update

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

At the close in Taiwan, the Taiwan Weighted rose 2.64%.

Top Performers

The best performers of the session on the Taiwan Weighted were:
– Chant Sincere Co Ltd (TW:6205): Rose 9.97% or 7.30 points to trade at 80.50.
– Cosmo Electronics Corp (TW:2466): Added 9.94% or 5.00 points to end at 55.30.
– Altek Corp (TW:3059): Increased 9.89% or 3.25 points to 36.10 in late trade.

Worst Performers

The worst performers of the session were:
– Formosa Oilseed Processing Co Ltd (TW:1225): Fell 9.92% or 5.00 points to trade at 45.40.
– Shin Tai Industry Co Ltd (TW:1235): Declined 8.88% or 8.20 points to end at 84.10.
– Ji-Haw Industrial Co Ltd (TW:3011): Down 4.64% or 1.15 points to 23.65.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0.

Notable Stock Movements

• Formosa Oilseed Processing Co Ltd (TW:1225) fell to a 3-year low, down 9.92%.
• Cosmo Electronics Corp (TW:2466) reached all-time highs, up 9.94%.
• Ji-Haw Industrial Co Ltd (TW:3011) hit a 52-week low, down 4.64%.

Commodities Update

• Crude oil for February delivery was up 0.40% or 0.28 to $69.52 a barrel.
• Brent oil for March rose 0.43% or 0.31 to $72.63 a barrel.
• February Gold Futures rose 0.14% or 3.74 to trade at $2,631.94 a troy ounce.

Currency Update

• USD/TWD was up 0.07% to 32.72.
• TWD/CNY unchanged at 0.09% to 0.22.
• The US Dollar Index Futures was up 0.09% at 107.90.