Taiwan equities finished lower on Tuesday, with the Taiwan Weighted index closing down 3.64% as losses in the Optoelectronic and Electronic Parts/Components sectors weighed on the market.
At the close, the Taiwan Weighted registered a 3.64% decline.
Among individual stocks, the session's top performers on the Taiwan Weighted included Chung Fu Tex-International Corp (TW:1435), which advanced 9.95% or 2.05 points to finish at 22.65. Para Light Electronics Co Ltd (TW:6226) rose 9.94% or 1.65 points to close at 18.25, and Siward Crystal Technology Co Ltd (TW:2484) gained 9.87% or 6.90 points to end the day at 76.80.
The heaviest declines were recorded by Formosa Plastics Corp (TW:1301), which fell 10.00% or 5.80 points to close at 52.20. AP Memory Technology Corp (TW:6531) dropped 10.00% or 110.00 points to finish at 990.00, and Asia Vital Components Co Ltd (TW:3017) was down 9.98% or 250.00 points to 2,255.00 at the close.
Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0.
Market highs were also noted among the winners: shares of Para Light Electronics Co Ltd (TW:6226) rose to 3-years highs; up 9.94% or 1.65 to 18.25. Shares in Siward Crystal Technology Co Ltd (TW:2484) rose to all time highs; rising 9.87% or 6.90 to 76.80.
Commodities trading saw crude oil for August delivery fall 0.89% or 0.63 to $70.12 a barrel. Brent oil for September delivery decreased 0.73% or 0.54 to $73.37 a barrel. The August Gold Futures contract fell 1.10% or 44.40 to trade at $3,994.50 a troy ounce.
Currency and index moves included USD/TWD which was unchanged 0.01% to 31.87, while TWD/CNY was unchanged 0.00% to 0.21. The US Dollar Index Futures was up 0.30% at 101.18.
Below are key details from the session:
- Index movement: Taiwan Weighted -3.64% at the close.
- Top gainers: TW:1435 (+9.95%), TW:6226 (+9.94%), TW:2484 (+9.87%).
- Largest decliners: TW:1301 (-10.00%), TW:6531 (-10.00%), TW:3017 (-9.98%).
- Commodities: August crude oil $70.12/barrel (-0.89%); September Brent $73.37/barrel (-0.73%); August Gold Futures $3,994.50/oz (-1.10%).
- FX and indexes: USD/TWD 31.87 (unchanged 0.01%); TWD/CNY 0.21 (unchanged 0.00%); US Dollar Index Futures 101.18 (+0.30%).
The session featured a mix of pronounced individual stock moves set against a broadly lower market. Several small- and mid-sized names recorded double-digit percentage gains, including instances of multi-year and all-time highs for specific issues, while other stocks, including large names, posted significant single-session declines. The market breadth line included above reflects the day's aggregated advancing and declining counts as reported.