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Taiwan shares higher at close of trade; Taiwan Weighted up 0.11%

Published 02/07/2024, 07:00
Updated 02/07/2024, 07:05
© Reuters.  Taiwan shares higher at close of trade; Taiwan Weighted up 0.11%
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Investing.com – Taiwan equities were higher at the close on Tuesday, as gains in the Construction, Biotech & Medical Care and Chemical/Bio & Medical care sectors propelled shares higher.

At the close in Taiwan, the Taiwan Weighted added 0.11%.

The biggest gainers of the session on the Taiwan Weighted were EverFocus Electronics Corp (TW:5484), which rose 10.00% or 7.40 points to trade at 81.40 at the close. Edimax Technology Co Ltd (TW:3047) added 10.00% or 2.85 points to end at 31.35 and C Sun Manufacturing Ltd (TW:2467) was up 10.00% or 15.50 points to 170.50 in late trade.

Biggest losers included Abonmax Co Ltd (TW:2429), which lost 17.64% or 6.24 points to trade at 29.16 in late trade. Powertech Industrial Co Ltd (TW:3296) declined 9.86% or 3.15 points to end at 28.80 and Lead Data Inc (TW:2443) shed 9.85% or 0.39 points to 3.57.

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

In commodities trading, Crude oil for August delivery was up 0.24% or 0.20 to $83.58 a barrel. Meanwhile, Brent oil for delivery in September rose 0.33% or 0.29 to hit $86.89 a barrel, while the August Gold Futures contract rose 0.06% or 1.30 to trade at $2,340.20 a troy ounce.

USD/TWD was up 0.14% to 32.60, while TWD/CNY unchanged 0.09% to 0.22.

The US Dollar Index Futures was down 0.01% at 105.58.

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