Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Paper & Pulp, Textile and Iron & Steel sectors led shares higher.
At the close in Taiwan, the Taiwan Weighted added 0.69%.
The best performers of the session on the Taiwan Weighted were Union Insuranc (TW:2816), which rose 10.00% or 1.45 points to trade at 15.95 at the close. Meanwhile, Meiloon Ind (TW:2477) added 10.00% or 1.50 points to end at 16.50 and Kyet (TW:5225) was up 9.91% or 3.15 points to 34.95 in late trade.
The worst performers of the session were Transasia (TW:6702), which fell 10.00% or 0.38 points to trade at 3.42 at the close. Genius (TW:3406) declined 7.30% or 6.90 points to end at 87.60 and Basso Indu (TW:1527) was down 5.67% or 4.30 points to 71.50.
Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 497 to 282 and 97 ended unchanged.
Shares in Union Insuranc (TW:2816) rose to 52-week highs; gaining 10.00% or 1.45 to 15.95. Shares in Transasia (TW:6702) fell to all time lows; falling 10.00% or 0.38 to 3.42. Shares in Meiloon Ind (TW:2477) rose to 52-week highs; rising 10.00% or 1.50 to 16.50.
Crude oil for January delivery was down 0.13% or 0.06 to $46.00 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.06% or 0.03 to hit $48.21 a barrel, while the December Gold contract rose 1.11% or 13.10 to trade at $1191.50 a troy ounce.
USD/TWD was down 0.28% to 31.753, while TWD/CNY unchanged 0.00% to 0.2171.
The US Dollar Index was down 0.47% at 101.00.