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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.67%

by January 2, 2025
written by January 2, 2025

Investing.com – Taiwan stocks were lower after the close on Thursday, as losses in the , Construction and Glass sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted fell 0.67%.

The best performers of the session on the Taiwan Weighted were Fortune Oriental Co Ltd (TW:2491), which rose 9.72% or 1.20 points to trade at 13.55 at the close. Meanwhile, Chung Fu Tex-International Corp (TW:1435) added 8.48% or 2.80 points to end at 35.80 and Microelectronics Technology Inc (TW:2314) was up 7.63% or 2.85 points to 40.20 in late trade.

The worst performers of the session were Formosa Oilseed Processing Co Ltd (TW:1225), which fell 10.00% or 4.55 points to trade at 40.95 at the close. JSL Construction & Development Co Ltd (TW:2540) declined 7.40% or 7.40 points to end at 92.60 and Fortune Information Systems Corp (TW:2468) was down 7.28% or 1.95 points to 24.85.

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

Shares in Formosa Oilseed Processing Co Ltd (TW:1225) fell to 3-years lows; falling 10.00% or 4.55 to 40.95. Shares in Microelectronics Technology Inc (TW:2314) rose to 52-week highs; rising 7.63% or 2.85 to 40.20.

Crude oil for February delivery was up 0.26% or 0.19 to $71.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.23% or 0.17 to hit $74.81 a barrel, while the February Gold Futures contract rose 0.15% or 3.85 to trade at $2,644.85 a troy ounce.

USD/TWD was down 0.02% to 32.86, while TWD/CNY unchanged 0.05% to 0.22.

The US Dollar Index Futures was down 0.10% at 108.19.

This post appeared first on investing.com
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