Taiwan stocks higher at close of trade; Taiwan Weighted up 4.98%
Taiwan stocks climbed higher after the market closed on Monday, driven by gains in the Plastic, Glass and Optoelectronic sectors. The Taiwan Weighted Index rose 4.98% at the close. I-Chiun Precision Industry Co Ltd led the gains, surging 10.00% to close at 159.50. Flexium Interconnect Inc and Aurotek Corp also saw 10.00% increases, finishing at 71.50 and 77.00 respectively.
However, Vizionfocus Inc suffered a 10.00% decline, ending the day at 180.00. Sino Horizon Holdings Ltd and Aces Electronics Co Ltd both dropped 9.87% and 9.62% respectively. More stocks rose than fell on the Taiwan Stock Exchange, with 829 outperforming and 237 underperforming. Only 61 stocks closed unchanged. Oil prices saw slight dips, with December crude oil falling 0.61% to $90.28 a barrel.
Brent oil for January delivery slipped 1.15% to $97.19, while December Gold Futures increased 1.32% to $4,128.72 per troy ounce. The USD/TWD exchange rate edged up 0.21% to 32.85.
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