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Home»Stock Market»Taiwan stocks lower at close of trade; Taiwan Weighted down 1.52%
Stock Market

Taiwan stocks lower at close of trade; Taiwan Weighted down 1.52%

December 5, 2024No Comments1 Min Read
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On Thursday, Taiwan stocks experienced a decline as key sectors like technology and communication faced losses.

By the end of the trading day, Taiwan’s main index dropped by 1.52%, reaching a one-month low.

Among the top performers were In Win Development Inc (TW:), with a 9.95% increase, Arima Communications Corp (TW:) rising by 9.91%, and Avision Inc (TW:) climbing 7.38%.

On the flip side, Lead Data Inc (TW:) witnessed a 9.85% decrease, Logah Technology Corp (TW:) fell by 9.66%, and Farglory Land Development Co Ltd (TW:) was down by 8.20%.

In terms of market activity, falling stocks outnumbered rising ones on the Taiwan Stock Exchange.

Arima Communications Corp (TW:) reached a 3-year high, while Logah Technology Corp (TW:) hit a 3-year low.

Commodity prices also experienced fluctuations, with crude oil and gold futures showing slight declines.

Furthermore, the currency exchange rates saw some shifts with USD/TWD rising and TWD/CNY remaining unchanged.

The US Dollar Index Futures also showed a slight increase by the end of the trading day.

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