Taiwan stocks finished lower at Thursday's close, with the Taiwan Weighted index sliding 2.20% as declines led by the Glass and Machinery sectors put downward pressure on the market.
The session saw pronounced individual stock volatility. Leading gainers included Chant Sincere Co Ltd (TW:6205), which advanced 10.00% or 5.10 points to finish at 56.10, and Yang Ming Marine Transport Corp (TW:2609), which rose 10.00% or 6.00 points to close at 66.00. Prime Electronics & Satellitics Inc (TW:6152) also posted a strong session, gaining 9.98% or 2.00 points to end at 22.05.
On the downside, Nanya Technology Corp (TW:2408) was the biggest decliner, dropping 10.00% or 28.50 points to close at 256.50. Favite Inc (TW:3535) fell 10.00% or 14.00 points to finish at 126.00, while Lien Chang Electronic Enterprise Co Ltd (TW:2431) declined 9.94% or 1.65 points to 14.95. Declining stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0.
Prime Electronics & Satellitics Inc (TW:6152) reached a five-year high in the session, rising 9.98% or 2.00 to close at 22.05.
Commodity prices moved higher during the trading day. Crude oil for April delivery increased 4.05% or 3.02 to trade at $77.68 a barrel. Brent oil for May delivery rose 2.19% or 1.81 to $84.32 a barrel. The April Gold Futures contract advanced 0.55% or 28.41 to $5,163.11 a troy ounce.
On currency markets, USD/TWD rose 0.19% to 31.72. TWD/CNY was listed as unchanged 0.28% at 0.22. The US Dollar Index Futures was higher by 0.37% at 99.10.
Separately, a promotion for Investing.com's portfolio offering was included in the session note. It highlighted the role of AI computing in stock selection and referenced Investing.com’s ProPicks AI, claiming that year to date two out of three global portfolios were outperforming their benchmarks with 88% in the green. The note also referenced a flagship Tech Titans strategy that it said doubled the S&P 500 within 18 months and listed recent winners as examples. The promotional text posed the question of which stock might be next to rise and invited readers to pick stocks with AI.
The trading day concluded with a market-wide decline reflected in the Taiwan Weighted index and a mix of sharp individual moves, while commodity and currency markets showed gains that may affect sentiment into the next session.