Taipei - Taiwan equities finished the session higher on Wednesday, with the benchmark Taiwan Weighted index gaining 3.11% at the close. Leading sectors included Glass, Plastic and Optoelectronics, which contributed materially to the upward move.
Top performers
- Holy Stone Enterprise Co Ltd (TW:3026) led the winners, rising 10.00% - a 51.00-point gain - to finish at 561.00.
- APCB Inc (TW:6108) also climbed 10.00%, adding 3.25 points to end at 35.75.
- WUS Printed Circuit Co Ltd (TW:2316) gained 10.00%, or 11.50 points, closing at 126.50.
Largest decliners
- Gourmet Master Co Ltd (TW:2723) was the session's biggest laggard, down 9.94% or 8.10 points to close at 73.40.
- HD Renewable Energy Co Ltd (TW:6873) fell 9.93%, a 4.90-point decline, to finish at 44.45.
- Microtek International Inc (TW:2305) slipped 8.31%, losing 3.85 points to end the day at 42.50.
Market breadth was positive: 648 stocks advanced on the Taiwan Stock Exchange, 381 declined and 92 were unchanged.
APCB Inc (TW:6108) notably reached a five-year high in the session, closing at 35.75 after the 10.00% gain.
Commodities and FX
Energy and metals markets were higher on the day. Crude oil for December delivery rose 0.64%, gaining $0.55 to settle at $86.59 per barrel. Brent oil for January delivery increased 1.07%, up $0.98 to $92.47 per barrel. The December Gold Futures contract advanced 0.90%, adding $36.35 to trade at $4,066.55 a troy ounce.
In currency moves, USD/TWD declined 0.28% to 32.84. TWD/CNY was recorded as unchanged at 0.20 with a 0.40% notation in the intraday feed.
The US Dollar Index Futures were slightly higher, up 0.06% at 102.19.
Session takeaway
Wednesday's rally in Taipei was broad-based, anchored by gains in manufacturing-related sectors that include glass, plastics and optoelectronics, while select consumer and renewable names finished lower. The advance-decline ratio favored rising issues, and commodities exhibited modest gains alongside a marginally firmer dollar index.