Taiwan Market Overview#
Taiwan's stock market saw positive movement on Friday, with the Taiwan Weighted Index increasing by 1.51%. This rise was largely fueled by strong performances in the Glass, Communication, Internet, and Electronic Products Distribution sectors.
Top Performers#
The biggest gainers on the Taiwan Weighted Index included: - Weltrend Semiconductor Inc: Up 10.00%, gaining 6.30 points to close at 69.30. - Leadtek Research Inc: Also up 10.00%, adding 5.80 points to finish at 63.80. - Biostar Microtech International Corp: Increased by 10.00%, rising 2.80 points to end at 30.80.
Notable Declines#
On the other hand, some stocks faced declines: - Apex International Co Ltd: Down 8.17%, losing 4.05 points to trade at 45.50. - Jui Li Enterprise Co Ltd: Fell by 6.49%, decreasing 0.51 points to close at 7.35. - CHC Healthcare Group: Dropped 6.18%, shedding 2.05 points to end at 31.10.
Commodities and Currency Update#
In commodities trading, crude oil prices saw a decline, with May delivery down 2.21% to $93.44 per barrel, and Brent oil for May falling 1.78% to $106.72 per barrel. Meanwhile, April Gold Futures rose by 1.86% to $4,691.44 per troy ounce.
In currency markets, the US Dollar (USD) strengthened against the Taiwan Dollar (TWD), increasing by 0.35% to 31.96. The exchange rate for TWD to Chinese Yuan (CNY) remained stable at 0.22.