Dec 31 2024: Taiwanese stocks ended lower on Tuesday, with losses in the plastic and chemical sectors driving the Taiwan Weighted Index down by 0.37% at the close.
Top Performers
- Jenn Feng New Energy Co. Ltd. (TW:1538): Shares surged 70.12% (11.92 points), closing at 28.92, marking a five-year high.
- King’s Town Construction Co. Ltd. (TW:2524): Gained 10.00% (6.70 points), ending at 73.70.
- Harvatek Corp (TW:6168): Rose 10.00% (2.10 points) to 23.10 in late trade.
Top Decliners
- Career Technology MFG Co. Ltd. (TW:6153): Dropped 7.98% (1.30 points) to 15.00, hitting a five-year low.
- Mao Bao Inc. (TW:1732): Fell 7.42% (2.30 points) to close at 28.70.
- Ta Liang Technology Co. Ltd. (TW:3167): Declined 7.14% (8.00 points), finishing at 104.00.
Overall, declining stocks outpaced advancing ones on the Taiwan Stock Exchange.
Commodities Update
- Crude oil for February delivery rose 0.96% ($0.68) to $71.67 per barrel.
- Brent crude for March delivery increased 0.88% ($0.65) to $74.64 per barrel.
- February Gold Futures fell 0.09% ($2.36) to trade at $2,615.74 per troy ounce.
Currency Market
- USD/TWD climbed 0.15% to 32.80.
- TWD/CNY remained stable, unchanged at 0.18%.
- The US Dollar Index Futures edged lower by 0.16% to 107.76.
