Taiwan's market closed higher on Monday as sector gains pushed the Taiwan Weighted to a fresh record. The index rose 0.68% to close at a new all-time high, led by advances in the Biotech & Medical Care, Chemical/Bio & Medical care and Electronic Parts/Components sectors.
The session featured notable winners among individual stocks. Zig Sheng Industrial Co Ltd (TW:1455) surged 10.00%, adding 0.80 points to finish at 8.80. Chang Ho Fibre Corp (TW:1468) also gained 10.00%, rising 1.20 points to end at 13.20. Unitech Printed Circuit Board Corp (TW:2367) climbed 9.98%, an increase of 4.00 points to close at 44.10; the company’s shares reached all-time highs in the session.
At the same time, several names moved sharply lower. Pan Jit International Inc (TW:2481) dropped 9.96%, losing 9.90 points to close at 89.50. HannsTouch Solution Inc (TW:3049) declined 9.91%, a 1.10-point fall to end at 10.00. Kinpo Electronics Inc (TW:2312) fell 9.87%, down 3.00 points to 27.40.
Market breadth as reported showed falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0, reflecting intraday dispersion among individual issues even as the headline index finished higher.
Outside equities, commodity prices posted modest mixed changes. Crude oil for March delivery was up 0.25% or 0.15 to $61.22 a barrel. Brent oil for April delivery rose 0.28% or 0.18 to $65.25 a barrel. The April Gold Futures contract increased 1.84% or 92.51 to trade at 5,109.51 a troy ounce.
In currency markets, the USD/TWD rate edged up 0.10% to 31.40. TWD/CNY showed a very small change of 0.09% to 0.22. The US Dollar Index Futures moved lower, down 0.50% at 96.92.
Summary takeaways:
- The Taiwan Weighted closed up 0.68% and reached a new record high.
- Top performers included Zig Sheng Industrial (TW:1455), Chang Ho Fibre (TW:1468) and Unitech Printed Circuit Board (TW:2367), with Unitech hitting an all-time high.
- Significant declines were recorded by Pan Jit International (TW:2481), HannsTouch Solution (TW:3049) and Kinpo Electronics (TW:2312).
This session illustrated a market where aggregated index strength coexisted with pronounced individual stock volatility, and where commodity and currency moves were relatively contained.