Taiwan equities finished the trading session lower on Monday, with the Taiwan Weighted index ending the day down 0.88%.
Market participants noted sector-level weakness played a role in the decline, with losses reported in an unspecified sector as well as the Plastic and Optoelectronic sectors. The broad index movement reflected a mix of pronounced winners and losers among individual listings.
Top performers
- Topoint Technology Co Ltd (TW:8021) led gains, advancing 10.00% - a rise of 35.50 points - to close at 390.50.
- Chroma ATE Inc (TW:2360) also rose 10.00%, adding 205.00 points to finish at 2,255.00.
- Spirox Corp (TW:3055) climbed 10.00%, up 6.20 points to end the session at 68.20.
Largest decliners
- Yeong Guan Energy Technology Group Co Ltd (TW:1589) fell 9.92%, a decrease of 0.61 points, closing at 5.54.
- ChipMOS Technologies (TW:8150) declined 8.68%, down 6.40 points to 67.30 at the close.
- LARGAN Precision Co Ltd (TW:3008) dropped 7.62%, losing 215.00 points to finish at 2,605.00.
The session commentary recorded that falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0, reflecting the data as reported for the session.
Several individual stock milestones were also noted. Topoint Technology Co Ltd (TW:8021) and Chroma ATE Inc (TW:2360) were reported as rising to all-time highs, with respective gains of 10.00% to 390.50 and 10.00% to 2,255.00. Conversely, Yeong Guan Energy Technology Group Co Ltd (TW:1589) was reported as falling to an all-time low at 5.54, down 9.92% for the day.
Commodities and currencies
Energy markets registered sizable moves during the session. Crude oil for June delivery rose 5.87% - an increase of 4.85 - to $87.44 a barrel. Brent oil for June delivery was up 5.12%, gaining 4.63 to reach $95.01 a barrel. Precious metals moved in the opposite direction, with the June Gold Futures contract falling 1.43% - down 69.96 - to trade at $4,809.64 a troy ounce.
On the currency front, USD/TWD was reported up 0.10% at 31.51, while TWD/CNY was unchanged at 0.22, a 0.00% move. The US Dollar Index Futures was higher by 0.27%, quoted at 98.17.
Market note - The trading day combined sectoral weakness with sharp single-stock moves, and commodity strength in oil coincided with weakness in gold. The session's data included instances labeled as all-time highs and lows for individual listings, and the exchange-level advancing/declining figure was recorded as 0 to 0 in the session report.