Taiwan stocks lower at close of trade; Taiwan Weighted down 0.25%

Aug 29,2024

Taiwan stocks lower at close of trade; Taiwan Weighted down 0.25%
Taiwan stocks lower at close of trade; Taiwan Weighted down 0.25%

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

At the close in Taiwan, the Taiwan Weighted declined 0.25%.

The best performers of the session on the Taiwan Weighted were Advanced Optoelectronic Technology Inc (TW:3437), which rose 10.00% or 2.35 points to trade at 25.85 at the close. Meanwhile, Lung Hwa Electronics Co Ltd (TW:2424) added 9.99% or 4.25 points to end at 46.80 and Elite Advanced Laser Corp (TW:3450) was up 9.97% or 14.50 points to 160.00 in late trade.

The worst performers of the session were Arima Communications Corp (TW:8101), which fell 9.95% or 0.21 points to trade at 1.90 at the close. Lead Data Inc (TW:2443) declined 9.85% or 0.39 points to end at 3.57 and Lucky Cement Co (TW:1108) was down 6.46% or 1.05 points to 15.20.

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

Shares in Arima Communications Corp (TW:8101) fell to all time lows; down 9.95% or 0.21 to 1.90. Shares in Lung Hwa Electronics Co Ltd (TW:2424) rose to 52-week highs; up 9.99% or 4.25 to 46.80. Shares in Elite Advanced Laser Corp (TW:3450) rose to all time highs; rising 9.97% or 14.50 to 160.00.

Crude oil for October delivery was up 0.39% or 0.29 to $74.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.30% or 0.23 to hit $77.81 a barrel, while the December Gold Futures contract rose 0.56% or 14.10 to trade at $2,551.90 a troy ounce.

USD/TWD was down 0.21% to 31.91, while TWD/CNY unchanged 0.00% to 0.22.

The US Dollar Index Futures was down 0.15% at 100.84.

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