Taiwan equities finished the session higher on Monday, driven by notable strength in semiconductor, electronic parts/components and electronics stocks. At the close, the Taiwan Weighted rose 3.23% to reach a new all-time high.
The top performers on the Taiwan Weighted included Tai Twun Enterprise Co Ltd (TW:3432), which jumped 10.00% or 1.70 points to close at 18.70. Chenbro Micom Co Ltd (TW:8210) added 10.00% or 110.00 points to finish at 1,210.00, and Alltek Technology Corp (TW:3209) gained 9.99% or 4.95 points to end the day at 54.50.
On the downside, Tah Tong Textile Co Ltd (TW:1441) fell 10.00% or 1.40 points to close at 12.60. Shunsin Technology Holdings Ltd (TW:6451) declined 9.97% or 44.50 points to finish at 402.00, while Yeong Guan Energy Technology Group Co Ltd (TW:1589) dropped 9.92% or 0.61 points to 5.54.
Market breadth was recorded with the unusual note that falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0.
Certain individual names moved to new extremes during the session. Shares of Chenbro Micom Co Ltd (TW:8210) rose to an all-time high, advancing 10.00% or 110.00 points to 1,210.00. Alltek Technology Corp (TW:3209) also reached an all-time high, gaining 9.99% or 4.95 points to 54.50. By contrast, Yeong Guan Energy Technology Group Co Ltd (TW:1589) fell to an all-time low, down 9.92% or 0.61 points to trade at 5.54.
Commodities and currency moves accompanied the equity action. Crude oil for June delivery rose 1.77% or 1.67 to $96.07 a barrel. Brent oil for July delivery climbed 1.99% or 1.97 to $101.10 a barrel. The June Gold Futures contract fell 0.31% or 14.64 to trade at $4,726.26 a troy ounce.
In currency markets, USD/TWD was down 0.08% to 31.44, while TWD/CNY was unchanged at 0.22, reflecting a 0.05% reading in the source data. The US Dollar Index Futures was lower by 0.04% at 98.32.
Summary of session dynamics:
- Index performance: Taiwan Weighted up 3.23% to a record close.
- Sectors leading gains: Semiconductor; Electronic Parts/Components; Electronics.
- Notable single-stock moves included multiple 10% advances and near-10% declines among mid- and small-cap names.