Market Overview#
Taiwan's stock market experienced a positive close on Thursday, with the Taiwan Weighted Index rising by 1.75%. This increase marks a new all-time high for the index, reflecting strong performance in several key sectors.
Sector Gains#
The rise in the market was primarily fueled by gains in the Glass, Electronic Parts/Components, and Paper & Pulp sectors. These industries showed significant strength, contributing to the overall upward trend in share prices.
Notable Performers#
Among the biggest gainers on the Taiwan Weighted Index were: - Action Electronics Co Ltd (TW:3024), which saw a 10.00% increase, adding 1.20 points to close at 13.20. - Taiwan Asia Semiconductor Corp (TW:2340), also up 10.00%, gaining 3.55 points to finish at 39.05. - MediaTek Inc (TW:2454), which rose by 10.00%, increasing by 190.00 points to close at 2,090.00.
Decliners#
On the flip side, some stocks faced declines: - Yeong Guan Energy Technology Group Co Ltd (TW:1589) dropped 9.92%, losing 0.61 points to trade at 5.54. - Para Light Electronics Co Ltd (TW:6226) fell 8.75%, down 1.40 points to end at 14.60. - Advanced Optoelectronic Technology Inc (TW:3437) decreased by 7.53%, shedding 2.25 points to close at 27.65.
Commodities and Currency#
In commodities trading, crude oil prices saw a slight increase, with June delivery up 0.94% to $93.83 per barrel. Brent oil also rose by 0.86% to $102.79 per barrel. However, June Gold Futures experienced a decline of 0.46%, trading at $4,731.01 per troy ounce.
In currency markets, the US Dollar (USD) strengthened slightly against the Taiwan Dollar (TWD), rising 0.14% to 31.52, while the TWD remained stable against the Chinese Yuan (CNY) at 0.22.