Market close
Taiwan's equity gauge finished the session slightly in positive territory, with the Taiwan Weighted gaining 0.06% at the close on Wednesday. Sector strength was concentrated in Oil, Gas & Electricity, Optoelectronic and Transport names, which helped offset declines elsewhere.
Top performers
The session's largest percentage gainers were concentrated among smaller capitalization names. Gem Terminal Industry Co Ltd (ticker 2460) led advances, jumping 9.96% or 2.80 points to finish at 30.90. Cheer Time Enterprise Co Ltd (ticker 3229) matched that percentage gain, adding 9.96% or 5.50 points to close at 60.70. Song Chuan Precision Co Ltd (ticker 7788) rounded out the top three risers with a 9.95% increase, or 29.00 points, to end the day at 320.50.
Largest decliners
Counters on the downside included PELL BIO MED TECHNOLOGY CO LTD (ticker 6949), which fell 9.11% or 5.50 points to 54.90 at the close. Sixxon Tech Co Ltd (ticker 4569) lost 7.00% or 12.00 points to end the day at 159.50, and Transcene Corp (ticker 6969) slipped 6.63% or 2.45 points to 34.50.
Market breadth
On the Taiwan Stock Exchange, advancing issues outnumbered decliners by 619 to 385, while 121 stocks finished unchanged, indicating a broadly positive session despite sharp moves among individual names.
Commodities and currency
In commodities trading, crude oil for October delivery rose 0.87% or 0.81 to close at $93.84 a barrel. Brent crude for November delivery gained 0.98% or 0.96 to $98.88 a barrel. The December gold futures contract was up 0.07% or 3.01 to trade at 4,442.01 a troy ounce.
On the currency front, USD/TWD was down 0.20% at 31.46, while TWD/CNY was essentially unchanged, moving 0.19% to 0.21.
Other indicators
The US Dollar Index Futures was down 0.07% at 98.71 at the time referenced in the session data. The session also recorded several market-specific ticker moves summarized in trading data: TWII +0.06%, 2460 +9.96%, 3229 +9.96%, 4569 -7.00%, 6969 -6.63%, 6949 -9.11%, 7788 +9.95%.
What to watch
The market finished with a small net gain driven by sectoral pockets of strength and substantial percentage moves among select equities. Commodity strength in oil and relative calm in the Taiwan dollar were notable features of the day.