Market Overview#
Taiwan's stock market experienced a positive close on Friday, with the Taiwan Weighted Index increasing by 4.10%. This rise was largely driven by significant gains in the Glass, Electronic Parts/Components, and Optoelectronic sectors.
Top Performers#
Among the standout performers, Taiwan Glass Ind Corp saw a remarkable increase of 10.00%, adding 5.20 points to reach a closing price of 57.20. Similarly, Fortune Information Systems Corp also rose by 10.00%, gaining 3.25 points to end at 35.75. Leadtek Research Inc matched this performance with a 10.00% increase, up 5.00 points to close at 55.00.
Notable Declines#
On the downside, Shan-Loong Transportation Co Ltd faced a significant drop, losing 9.98% or 2.15 points, closing at 19.40. Shin Shin Natural Gas Co Ltd and Hsin Kao Gas Co Ltd also experienced declines of 9.96%, with closing prices of 49.70 and 41.60, respectively.
Commodities and Currency Update#
In commodities, crude oil prices for April delivery fell by 0.66%, settling at $95.10 per barrel. Brent oil for May delivery decreased by 0.32%, reaching $100.14 per barrel. Additionally, April Gold Futures dropped by 0.39%, trading at $5,105.96 per troy ounce.
In currency markets, the US Dollar (USD) gained 0.22% against the New Taiwan Dollar (TWD), with the exchange rate at 31.95. Meanwhile, the TWD remained stable against the Chinese Yuan (CNY) at 0.22. The US Dollar Index Futures showed a slight increase of 0.08%, reaching 99.83.