Taiwan stocks lower at close of trade; Taiwan Weighted down 0.39%

investing.com 07/10/2024 - 06:00 AM

Taiwan Stock Market Update

Investing.com – Taiwan stocks were lower after the close on Monday, as losses in the Transport and Electronic Parts/Components sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted declined 0.39%.

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.
Biostar Microtech International Corp (TW:2399): added 10.00% or 3.20 points to end at 35.20.
Loop Telecommunication International Inc (TW:3025): up 9.99% or 7.10 points to 78.20 in late trade.

Worst Performers

The worst performers of the session were:
China Container Terminal Corp (TW:2613): fell 9.99% or 3.85 points to trade at 34.70 at the close.
Wan Hai Lines Ltd (TW:2615): declined 9.98% or 9.90 points to end at 89.30.
Creative Sensor Inc (TW:8249): down 9.93% or 5.60 points to 50.80.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange.

Highlights

  • Shares in Arima Communications Corp and Biostar Microtech International Corp rose to 3-year highs.

Commodities

  • Crude oil for November delivery was down 0.28% or 0.21 to $74.17 a barrel.
  • Brent oil for December fell 0.38% or 0.30 to $77.75 a barrel.
  • December Gold Futures contract fell 0.31% or 8.20 to $2,659.60 a troy ounce.

Currency Update

  • USD/TWD was down 0.13% to 32.25.
  • TWD/CNY unchanged at 0.14.
  • US Dollar Index Futures was up 0.03% at 102.31.



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