Taiwan shares higher at close of trade; Taiwan Weighted up 1.07%

Source Investing

Investing.com – Taiwan equities were higher at the close on Monday, as gains in the Electronic Products Distribution, Semiconductor and Computers&Peripherals sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted added 1.07% to hit a new 1-month high.

The biggest gainers 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. Polytronics Technology Corp (TW:6224) added 10.00% or 6.90 points to end at 75.90 and Epileds Technologies Inc (TW:4956) was up 9.92% or 3.10 points to 34.35 in late trade.

Biggest losers included Sunko Ink Co Ltd (TW:1721), which lost 9.96% or 2.35 points to trade at 21.25 in late trade. Lead Data Inc (TW:2443) declined 9.85% or 0.39 points to end at 3.57 and SciVision Biotech Inc (TW:1786) shed 9.68% or 12.00 points to 112.00.

Declining stocks outnumbered rising ones by 0 to 0 on the Taiwan Stock Exchange.

In commodities trading, Crude oil for November delivery was down 1.26% or 0.95 to $74.61 a barrel. Meanwhile, Brent oil for delivery in December fell 1.23% or 0.97 to hit $78.07 a barrel, while the December Gold Futures contract fell 0.06% or 1.60 to trade at $2,674.70 a troy ounce.

USD/TWD was unchanged 0.01% to 32.18, while TWD/CNY unchanged 0.05% to 0.22.

The US Dollar Index Futures was up 0.10% at 102.78.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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