Taiwan stocks higher at close of trade; Taiwan Weighted up 1.55%

Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Glass , Semiconductor and Electronics sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted gained 1.55%.

The best performers of the session on the Taiwan Weighted were Arima Communications Corp (TW:8101 ), which rose 9.96% or 1.25 points to trade at 13.80 at the close. Meanwhile, Cheng Uei Precision Industry Co Ltd (TW:2392 ) added 9.90% or 7.20 points to end at 79.90 and Kinpo Electronics Inc (TW:2312 ) was up 9.90% or 2.90 points to 32.20 in late trade.

The worst performers of the session were Lead Data Inc (TW:2443 ), which fell 9.85% or 0.39 points to trade at 3.57 at the close. Mercuries Life Insurance Co Ltd (TW:2867 ) declined 4.30% or 0.30 points to end at 6.68 and Shining Building Business Co Ltd (TW:5531 ) was down 4.27% or 0.50 points to 11.20.

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

Shares in Arima Communications Corp (TW:8101 ) rose to 3-years highs; rising 9.96% or 1.25 to 13.80. Shares in Kinpo Electronics Inc (TW:2312 ) rose to all time highs; up 9.90% or 2.90 to 32.20.

Crude oil for January delivery was down 0.93% or 0.66 to $70.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.87% or 0.65 to hit $73.98 a barrel, while the February Gold Futures contract fell 1.70% or 46.65 to trade at $2,690.55 a troy ounce.

USD/TWD was down 0.43% to 32.44, while TWD/CNY unchanged 0.45% to 0.22.

The US Dollar Index Futures was down 0.52% at 106.95.

Source: Investing.com

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