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Taiwan stocks lower at close of trade; Taiwan Weighted down 1.17%

Published 10/30/2024, 02:00 AM
Updated 10/30/2024, 02:05 AM
Taiwan stocks lower at close of trade; Taiwan Weighted down 1.17%
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Investing.com – Taiwan stocks were lower after the close on Wednesday, as losses in the , Oil, Gas & Electricity and Auto sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted lost 1.17%.

The best performers of the session on the Taiwan Weighted were Arima Communications Corp (TW:8101), which rose 350.24% or 7.39 points to trade at 9.50 at the close. Meanwhile, Anderson Industrial Corp (TW:1528) added 10.00% or 1.90 points to end at 20.90 and Meiloon Industrial Co Ltd (TW:2477) was up 9.93% or 3.45 points to 38.20 in late trade.

The worst performers of the session were Lead Data Inc (TW:2443), which fell 9.85% or 0.39 points to trade at 3.57 at the close. Lien Chang Electronic Enterprise Co Ltd (TW:2431) declined 8.57% or 1.65 points to end at 17.60 and Uniflex Technology Inc (TW:3321) was down 8.36% or 1.50 points to 16.45.

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

Shares in Arima Communications Corp (TW:8101) rose to 3-years highs; gaining 350.24% or 7.39 to 9.50. Shares in Meiloon Industrial Co Ltd (TW:2477) rose to 3-years highs; gaining 9.93% or 3.45 to 38.20.

Crude oil for December delivery was up 0.77% or 0.52 to $67.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.68% or 0.48 to hit $71.21 a barrel, while the December Gold Futures contract rose 0.46% or 12.80 to trade at $2,793.90 a troy ounce.

USD/TWD was down 0.15% to 32.04, while TWD/CNY unchanged 0.18% to 0.22.

The US Dollar Index Futures was down 0.04% at 104.15.

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