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Taiwan stocks higher at close of trade; Taiwan Weighted up 2.87%

Published 08/12/2024, 02:00 AM
© Reuters.  Taiwan stocks higher at close of trade; Taiwan Weighted up 2.87%
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Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Machinery, Semiconductor and Electrical/Machinery sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted gained 2.87%.

The best performers of the session on the Taiwan Weighted were Taimide Tech Inc (TW:3645), which rose 10.00% or 3.95 points to trade at 43.45 at the close. Meanwhile, Ta Liang Technology Co Ltd (TW:3167) added 9.99% or 7.10 points to end at 78.20 and China Wire & Cable Co Ltd (TW:1603) was up 9.96% or 3.70 points to 40.85 in late trade.

The worst performers of the session were Abonmax Co Ltd (TW:2429), which fell 9.91% or 2.70 points to trade at 24.55 at the close. Lead Data Inc (TW:2443) declined 9.85% or 0.39 points to end at 3.57 and Wah Lee Industrial Corp (TW:3010) was down 9.19% or 12.50 points to 123.50.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0.

Shares in Ta Liang Technology Co Ltd (TW:3167) rose to 52-week highs; rising 9.99% or 7.10 to 78.20.

Crude oil for September delivery was up 0.52% or 0.40 to $77.24 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.35% or 0.28 to hit $79.94 a barrel, while the December Gold Futures contract rose 0.02% or 0.50 to trade at $2,473.90 a troy ounce.

USD/TWD was unchanged 0.00% to 32.45, while TWD/CNY unchanged 0.18% to 0.22.

The US Dollar Index Futures was up 0.05% at 103.01.

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