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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.64%

by December 12, 2024
written by December 12, 2024

Investing.com – Taiwan stocks were lower after the close on Thursday, as losses in the , Electronic Products Distribution and Transport sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted declined 0.64%.

The best performers of the session on the Taiwan Weighted were ALi Corp (TW:3041), which rose 9.97% or 2.85 points to trade at 31.45 at the close. Meanwhile, Logah Technology Corp (TW:3593) added 8.65% or 0.64 points to end at 8.04 and Tai Roun Products Co Ltd (TW:1220) was up 8.36% or 1.40 points to 18.15 in late trade.

The worst performers of the session were Chia Her Industrial Co Ltd (TW:1449), which fell 9.95% or 2.90 points to trade at 26.25 at the close. Arima Communications Corp (TW:8101) declined 9.94% or 2.60 points to end at 23.55 and Formosa Oilseed Processing Co Ltd (TW:1225) was down 9.91% or 7.60 points to 69.10.

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

Shares in Tai Roun Products Co Ltd (TW:1220) rose to 52-week highs; up 8.36% or 1.40 to 18.15.

Crude oil for January delivery was up 0.21% or 0.15 to $70.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.31% or 0.23 to hit $73.75 a barrel, while the February Gold Futures contract fell 0.34% or 9.29 to trade at $2,747.41 a troy ounce.

USD/TWD was down 0.29% to 32.41, while TWD/CNY unchanged 0.27% to 0.22.

The US Dollar Index Futures was down 0.13% at 106.25.

This post appeared first on investing.com
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