Taiwan stocks higher at close of trade; Taiwan Weighted up 1.35%

Taiwan's stock market closed higher after the close on Tuesday, as gains in various sectors led to an overall increase in share prices. The Taiwan Weighted Index rose by 1.35%, reaching a new 1-month high. HORNG SHIUE HOLDING Co Ltd was the top performer, surging 10.00% to close at 46.20. Msscorps Co Ltd and Mospec Semiconductor Corp also showed impressive gains, each adding 10.00% to close at 572.00 and 68.20 respectively.

Conversely, Fortune Oriental Co Ltd suffered the largest decline, falling 9.94% to 45.75. Aces Electronics Co Ltd and Jochu Technology Co Ltd also saw losses, ending the day down 9.71% and 9.38% respectively.

Across the Taiwan Stock Exchange, there were 609 rising stocks compared to 374 declining ones, with 137 ending unchanged. Crude oil prices for October delivery rose 0.78% to $86.43 a barrel, while Brent oil for December delivery increased by 3.03% to $91.05 a barrel. Gold Futures for December also gained 0.15%, trading at $4,488.16 per troy ounce. The USD/TWD exchange rate fell by 0.24% to 31.63, while TWD/CNY remained unchanged at 0.21. The US Dollar Index Futures also saw a slight increase of 0.07%, settling at 99.45.