Nov 25 2024: Taiwan’s stock market closed on a strong note Monday, driven by advances in the Glass, Semiconductor, and Electronics sectors, with the Taiwan Weighted Index climbing 1.55%.
Top Performers
- Arima Communications Corp (TW:8101): Shares surged 9.96%, or 1.25 points, to close at 13.80, marking a three-year high.
- Cheng Uei Precision Industry Co Ltd (TW:2392): The stock rose 9.90%, or 7.20 points, ending at 79.90.
- Kinpo Electronics Inc (TW:2312): Up 9.90%, or 2.90 points, to close at a record high of 32.20.
Lagging Performers
- Lead Data Inc (TW:2443): Dropped 9.85%, or 0.39 points, to 3.57.
- Mercuries Life Insurance Co Ltd (TW:2867): Declined 4.30%, or 0.30 points, to finish at 6.68.
- Shining Building Business Co Ltd (TW:5531): Down 4.27%, or 0.50 points, closing at 11.20.
Despite strong gains, declining stocks matched advancing ones on the Taiwan Stock Exchange.
Commodity and Currency Market Updates
- Crude oil for January delivery dipped 0.93%, settling at $70.58 per barrel.
- Brent oil for February delivery fell 0.87% to $73.98 per barrel.
- Gold futures for February declined 1.70%, trading at $2,690.55 per troy ounce.
- Currency Movements: USD/TWD fell 0.43% to 32.44, while TWD/CNY remained steady at 0.22.
- The US Dollar Index Futures slipped 0.52% to 106.95.
