Taiwan Stock Market Update

Investing.com – Taiwan stocks were higher after the close on Friday, driven by gains in the Semiconductor, Paper & Pulp, and Electronics sectors.

At the close in Taiwan, the Taiwan Weighted rose 0.43% to hit a new 1-month high.

Best Performers

The best performers of the session on the Taiwan Weighted included:
– Arima Communications Corp (TW:8101): +350.24% or +7.39 points to trade at 9.50.
– CX Technology Corp (TW:2415): +9.97% or +3.15 points to end at 34.75.
– Holtek Semiconductor Inc (TW:6202): +9.95% or +4.75 points to reach 52.50 in late trade.

Worst Performers

The worst performers were:
– Lead Data Inc (TW:2443): -9.85% or -0.39 points to trade at 3.57.
– Asia Optical Co Inc (TW:3019): -9.51% or -12.50 points to end at 119.00.
– Formosa Oilseed Processing Co Ltd (TW:1225): -7.53% or -11.00 points to close at 135.00.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange.

Highlights

• Shares in Arima Communications Corp rose to 3-year highs; gaining 350.24% to 9.50.
• Shares in CX Technology Corp reached 52-week highs; rising 9.97% to 34.75.

Commodity Update

Crude oil for November delivery was down 0.28% or 0.19 to $67.48 a barrel. In commodities trading:
– Brent oil for December fell 0.31% or 0.22 to $70.87 a barrel.
– Gold Futures for December fell 0.23% or 6.10 to trade at $2,688.80 a troy ounce.

Currency Update

• USD/TWD was up 0.06% to 31.71.
• TWD/CNY remained unchanged at 0.22.
• The US Dollar Index Futures was up 0.31% at 100.56.