Taiwan stocks lower at close of trade; Taiwan Weighted down 0.18%

investing.com 04/11/2024 - 06:00 AM

Taiwan Stock Market Summary

Investing.com – Taiwan stocks were lower after the closing on Monday, with losses in the Trading & Consumer Goods and Textile sectors leading shares downwards.

At the close in Taiwan, the Taiwan Weighted index lost 0.18%.

Best Performers

  • Arima Communications Corp (TW:8101): rose 350.24% or 7.39 points to trade at 9.50 at the close.
  • King’s Town Construction Co Ltd (TW:2524): added 9.97% or 7.50 points to end at 82.70.
  • Lien Chang Electronic Enterprise Co Ltd (TW:2431): up 9.97% or 1.70 points to 18.75 in late trade.

Worst Performers

  • Lead Data Inc (TW:2443): fell 9.85% or 0.39 points to trade at 3.57 at the close.
  • Makalot Industrial Co Ltd (TW:1477): declined 9.64% or 33.50 points to end at 314.00.
  • Danen Technology Corp (TW:3686): down 7.23% or 1.85 points to 23.75.

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

Additional Market Insights

Shares in Arima Communications Corp (TW:8101) reached a 3-year high, gaining 350.24%. Conversely, shares in Makalot Industrial Co Ltd (TW:1477) fell to a 52-week low, declining 9.64%.

Commodities Trading

  • Crude oil for December delivery was up 1.84% or 1.28 to $70.77 a barrel.
  • Brent oil for January rose 1.70% or 1.24 to $74.34 a barrel.
  • December Gold Futures contract fell 0.00% or 0.10 to trade at $2,749.10 a troy ounce.

Forex Market

  • USD/TWD was down 0.56% to 31.76.
  • TWD/CNY was unchanged at 0.09% to 0.22.
  • The US Dollar Index Futures was down 0.59% at 103.59.



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