Dec 12 2024: Taiwan’s stock market ended lower on Thursday, with the Taiwan Weighted Index dropping 0.64%, pressured by losses in the Electronic Products Distribution and Transport sectors.
Top Performers
- ALi Corp (TW:3041) surged 9.97%, gaining 2.85 points to close at 31.45.
- Logah Technology Corp (TW:3593) rose 8.65%, adding 0.64 points to finish at 8.04.
- Tai Roun Products Co Ltd (TW:1220) advanced 8.36%, increasing 1.40 points to 18.15, reaching a 52-week high.
Lagging Performers
- Chia Her Industrial Co Ltd (TW:1449) plunged 9.95%, losing 2.90 points to end at 26.25.
- Arima Communications Corp (TW:8101) declined 9.94%, shedding 2.60 points to close at 23.55.
- Formosa Oilseed Processing Co Ltd (TW:1225) dropped 9.91%, falling 7.60 points to 69.10.
Declining stocks outpaced advancing ones across the Taiwan Stock Exchange.
Commodities Update
- Crude Oil: January delivery rose 0.21% to $70.44 per barrel.
- Brent Oil: February delivery increased 0.31% to $73.75 per barrel.
- Gold: February futures fell 0.34%, settling at $2,747.41 per troy ounce.
Forex Update
- USD/TWD dipped 0.29% to 32.41.
- TWD/CNY remained unchanged at 0.27%.
- The US Dollar Index Futures slipped 0.13%, landing at 106.25.
