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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.81%

Taiwan stocks lower at close of trade; Taiwan Weighted down 0.81%

Taiwan stocks saw a decline at the close of trade on Monday, with the Taiwan Weighted down 0.81% to a new 1-month low. Losses in the Oil, Gas & Electricity and Biotech & Medical Care sectors contributed to the downward trend. Among the top gainers of the session were Sun Race Sturmey-Archer Inc (up 10.00% to 16.50) and VIA Labs Inc (up 10.00% to 121.00), while the worst performers were AMAX Holding Co Ltd (down 9.97% to 406.50) and Zhong Yang Technology Co Ltd (down 9.96% to 61.50).

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 873 to 170, with 75 ending unchanged. Crude oil prices for December delivery decreased by 1.87% to $97.17 per barrel, while Brent oil for the same delivery fell by 2.10% to $107.55. The USD/TWD exchange rate rose by 0.18% to 32.50, and the TWD/CNY remained unchanged at 0.21. The US Dollar Index Futures increased by 0.02% to 101.68.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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