Taiwan stocks lower at close of trade; Taiwan Weighted down 0.53%

investing.com 14/11/2024 - 06:00 AM

Taiwan Stock Market Update

Investing.com – Taiwan stocks closed lower on Thursday, with losses in the Machinery and Paper & Pulp sectors leading to the declines.

At the close, the Taiwan Weighted index lost 0.53%.

Best Performers

The best performers of the session included:
Arima Communications Corp (TW:8101): up 350.24% or 7.39 points, closing at 9.50.
RichWave Technology Corp (TW:4968): gained 10.00% or 17.00 points, ending at 187.00.
Acbel Polytech Inc (TW:6282): increased by 9.95% or 3.05 points, closing at 33.70.

Worst Performers

Conversely, the worst performers included:
Lead Data Inc (TW:2443): down 9.85% or 0.39 points, closing at 3.57.
Coxon Precise Industrial Co Ltd (TW:3607): declined 9.31% or 1.95 points, ending at 19.00.
Everlight Electronics Co Ltd (TW:2393): fell 7.43% or 6.10 points, closing at 76.00.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange.

Notable Stock Performance

Arima Communications Corp (TW:8101) reached a 3-year high, gaining 350.24%.

Commodities Update

  • Crude oil (December delivery): down 0.70% to $67.95 per barrel.
  • Brent oil (January delivery): fell 0.59% to $71.85 per barrel.
  • December Gold Futures: down 0.86% to $2,564.30 per troy ounce.

Currency Update

  • USD/TWD: up 0.35% to 32.58.
  • TWD/CNY: unchanged at 0.22.
  • US Dollar Index Futures: up 0.17% at 106.56.



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