Taiwan equities finished the session lower on Friday, with the Taiwan Weighted index closing down 1.25% as losses in the Glass and Machinery sectors weighed on broader sentiment. The record of the session shows a mixture of sharp gains and steep drops among individual names.
Top performers
- Chunghwa Chemical Synthesis & Biotech Co Ltd (TW:1762) led advancers, jumping 10.00% or 3.45 points to finish at 37.95.
- Lemtech Holdings Co Ltd (TW:4912) also rose 10.00% or 9.50 points to close at 104.50.
- Micro-Star International Co Ltd (TW:2377) recorded a 10.00% gain, adding 10.50 points to settle at 115.50.
Largest decliners
- PCL Technologies Inc (TW:4977) was the session's weakest, down 9.98% or 27.00 points to close at 243.50.
- Alchip Technologies Ltd (TW:3661) declined 9.98% or 530.00 points to finish at 4,780.00.
- Sercomm Corp (TW:5388) fell 9.98% or 8.80 points to end at 79.40.
The market breadth at the close indicated more falling issues than advancing ones on the Taiwan Stock Exchange. The original session note referenced losses in another sector in addition to Glass and Machinery, but the sector name was not provided in the report.
Commodities and currency moves
- Crude oil for June delivery rose 2.26% or 2.29 to $103.46 a barrel.
- Brent oil for July delivery increased 1.83% or 1.93 to $107.65 a barrel.
- The June gold futures contract fell 2.52% or 118.30 to trade at $4,567.00 a troy ounce.
- FX movements included USD/TWD rising 0.11% to 31.59, while TWD/CNY was reported unchanged at 0.19% to 0.22.
- The US Dollar Index Futures was up 0.34% at 99.07.
Note on investment analysis
An AI-driven stock evaluation service mentioned in the session commentary evaluates ticker 1762 along with many other companies each month using more than 100 financial metrics. The service states it applies algorithmic screening to identify investment ideas by assessing fundamentals, momentum, and valuation. The commentary cites past winners identified by the service, including Super Micro Computer with a noted 185% gain and AppLovin with a noted 157% gain. The note invites readers to check whether 1762 appears in any current strategies or if alternative opportunities exist in the same space.
Overall, the trading day closed with the Taiwan Weighted down 1.25% amid mixed stock-level performance and notable moves in energy, precious metals, and currency markets.