Taiwan stocks lower at close of trade; Taiwan Weighted down 0.63%

investing.com 15/11/2024 - 06:00 AM

Taiwan Stock Market Update

Investing.com – Taiwan stocks were lower after the close on Friday, as losses in the Plastic and Glass sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted lost 0.63% to hit a new 1-month low.

Best Performers

The best performers of the session on the Taiwan Weighted were:
Arima Communications Corp (TW:8101): rose 350.24% or 7.39 points to trade at 9.50 at the close.
Taisol Electronics Co Ltd (TW:3338): added 9.94% or 6.30 points to end at 69.70.
Hold-Key Electric Wire & Cable Co Ltd (TW:1618): was up 9.92% or 4.45 points to 49.30 in late trade.

Worst Performers

The worst performers of the session were:
Edom Technology Co Ltd (TW:3048): fell 9.92% or 3.60 points to trade at 32.70 at the close.
Lead Data Inc (TW:2443): declined 9.85% or 0.39 points to end at 3.57.
Logah Technology Corp (TW:3593): was down 9.16% or 1.20 points to 11.90.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange with a ratio of 0 to 0.

Shares in Arima Communications Corp (TW:8101) rose to 3-year highs, gaining 350.24% or 7.39 to 9.50.

Commodity Update

  • Crude oil for December delivery was down 1.06% or 0.73 to $67.97 a barrel.
  • Brent oil for delivery in January fell 1.07% or 0.78 to hit $71.78 a barrel.
  • The December Gold Futures contract fell 0.30% or 7.60 to trade at $2,565.30 a troy ounce.

Currency Update

  • USD/TWD was down 0.23% to 32.53.
  • TWD/CNY remained unchanged at 0.27% to 0.22.
  • The US Dollar Index Futures was up 0.13% at 106.74.



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