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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.39%

by October 7, 2024
written by October 7, 2024

Investing.com – Taiwan stocks were lower after the close on Monday, as losses in the , Transport and Electronic Parts/Components sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted declined 0.39%.

The best performers 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. Meanwhile, Biostar Microtech International Corp (TW:2399) added 10.00% or 3.20 points to end at 35.20 and Loop Telecommunication International Inc (TW:3025) was up 9.99% or 7.10 points to 78.20 in late trade.

The worst performers of the session were China Container Terminal Corp (TW:2613), which fell 9.99% or 3.85 points to trade at 34.70 at the close. Wan Hai Lines Ltd (TW:2615) declined 9.98% or 9.90 points to end at 89.30 and Creative Sensor Inc (TW:8249) was down 9.93% or 5.60 points to 50.80.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0.

Shares in Arima Communications Corp (TW:8101) rose to 3-years highs; up 350.24% or 7.39 to 9.50. Shares in Biostar Microtech International Corp (TW:2399) rose to 3-years highs; up 10.00% or 3.20 to 35.20.

Crude oil for November delivery was down 0.28% or 0.21 to $74.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.38% or 0.30 to hit $77.75 a barrel, while the December Gold Futures contract fell 0.31% or 8.20 to trade at $2,659.60 a troy ounce.

USD/TWD was down 0.13% to 32.25, while TWD/CNY unchanged 0.14% to 0.22.

The US Dollar Index Futures was up 0.03% at 102.31.

This post appeared first on investing.com
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