Taiwan’s stock market experienced a decline on Monday, with significant losses observed in the Electronic Parts/Components and Electricity sectors, contributing to an overall downturn. The Taiwan Weighted Index closed down by 0.79%.
Among the day’s highlights, certain stocks managed to make notable gains. Holy Stone Enterprise Co Ltd saw a remarkable increase, rising by 10.00% or 30.00 points to reach a closing price of 330.00. Similarly, Qualipoly Chemical Corp also enjoyed a boost, climbing 10.00% or 21.50 points, ending the day at 236.50. Another standout was Yeong Guan Energy Technology Group Co Ltd, which, despite the downward trend in the market, marked a 10.00% increase to finish at 19.25.
Conversely, the day’s worst performers included stocks such as , which plummeted by 10.00% or 49.00 points, bringing its final price to 441.00. Another significant drop was witnessed by , which fell by 9.95% or 4.35 points, ending the day at 39.35. Notably, , with a decline of 9.92% or 0.61 points, closed at 5.54.
The breadth of the market was largely negative, with advancing stocks unable to outpace declining ones on the Taiwan Stock Exchange.
In international commodity markets, oil prices showed a mixed performance, with one crude oil benchmark gaining 4.56% to trade at $99.77 a barrel, while another rose by 3.97% to hit $105.31. Gold, however, faced a setback, decreasing by 1.35% to settle at $4,666.95 per troy ounce.
In currency trading, the USD/TWD pair appreciated by 0.31%, reaching 31.41, while TWD/CNY remained relatively stable at 0.22. Additionally, the US Dollar Index Futures increased by 0.20%, bringing it to 97.98.
