Taiwan shares higher at close of trade; Taiwan Weighted up 0.04%

Investing.comAug 26, 2024 8:29 AM

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Investing.com – Taiwan equities were higher at the close on Monday, as gains in the Electronic Parts/Components, Auto and Machinery sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.04%.

The biggest gainers of the session on the Taiwan Weighted were Lung Hwa Electronics Co Ltd (TW:2424), which rose 10.00% or 3.20 points to trade at 35.20 at the close. Tong Ming Enterprise Co Ltd (TW:5538) added 9.90% or 3.05 points to end at 33.85 and Taiflex Scientific Co Ltd (TW:8039) was up 9.89% or 5.60 points to 62.20 in late trade.

Biggest losers included Arima Communications Corp (TW:8101), which lost 9.95% or 0.21 points to trade at 1.90 in late trade. Lead Data Inc (TW:2443) declined 9.85% or 0.39 points to end at 3.57 and Sesoda Corp (TW:1708) shed 7.27% or 3.10 points to 39.55.

Declining stocks outnumbered rising ones by 0 to 0 on the Taiwan Stock Exchange.

In commodities trading, Crude oil for October delivery was up 0.68% or 0.51 to $75.34 a barrel. Meanwhile, Brent oil for delivery in November rose 0.60% or 0.47 to hit $78.62 a barrel, while the December Gold Futures contract fell 0.01% or 0.35 to trade at $2,545.95 a troy ounce.

USD/TWD was up 0.07% to 31.83, while TWD/CNY unchanged 0.18% to 0.22.

The US Dollar Index Futures was up 0.01% at 100.61.

Reviewed byTony

Disclaimer: The content of this article solely represents the author's personal opinions and does not reflect the official stance of Tradingkey. It should not be considered as investment advice. The article is intended for reference purposes only, and readers should not base any investment decisions solely on its content. Tradingkey bears no responsibility for any trading outcomes resulting from reliance on this article. Furthermore, Tradingkey cannot guarantee the accuracy of the article's content. Before making any investment decisions, it is advisable to consult an independent financial advisor to fully understand the associated risks.

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