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Taiwan shares lower at close of trade; Taiwan Weighted down 0.70%

Published 21/11/2024, 06:00
© Reuters.  Taiwan shares lower at close of trade; Taiwan Weighted down 0.70%
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Investing.com – Taiwan equities were lower at the close on Thursday, as losses in the , Rubber and Glass sectors propelled shares lower.

At the close in Taiwan, the Taiwan Weighted lost 0.70%.

The biggest gainers of the session on the Taiwan Weighted were China Motor Corp (TW:2204), which rose 9.97% or 7.30 points to trade at 80.50 at the close. Abocom Systems Inc (TW:2444) added 9.87% or 1.50 points to end at 16.70 and Arima Communications Corp (TW:8101) was up 9.57% or 1.00 points to 11.45 in late trade.

Biggest losers included Logah Technology Corp (TW:3593), which lost 9.99% or 0.94 points to trade at 8.47 in late trade. Avision Inc (TW:2380) declined 9.96% or 0.55 points to end at 4.97 and Foxconn Technology Co Ltd (TW:2354) shed 9.91% or 9.30 points to 84.50.

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

In commodities trading, Crude oil for January delivery was up 0.23% or 0.16 to $68.91 a barrel. Meanwhile, Brent oil for delivery in January rose 0.19% or 0.14 to hit $72.95 a barrel, while the December Gold Futures contract rose 0.31% or 8.30 to trade at $2,660.00 a troy ounce.

USD/TWD was up 0.23% to 32.59, while TWD/CNY unchanged 0.27% to 0.22.

The US Dollar Index Futures was down 0.07% at 106.54.

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