Taiwan stocks higher at close of trade; Taiwan Weighted up 1.55%

Taiwan stocks experienced a positive close on Friday, with the Taiwan Weighted index climbing 1.55%. The Plastic, Glass, and Chemical sectors drove this increase, with notable gains from Epileds Technologies Inc (TW:4956) and CHT Security Co Ltd (TW:7765), each surging by 10.00%. Meanwhile, Cosmo Electronics Corp (TW:2466) and Lotus Pharmaceutical Co Ltd (TW:1795) were among the worst-performing stocks, both dropping by 9.97% and 9.29% respectively.

In total, 822 stocks rose while 211 fell, and 89 remained unchanged on the Taiwan Stock Exchange. Crude oil prices saw a slight dip, with December delivery falling by 0.41% to $88.38 a barrel. Meanwhile, Brent oil for January delivery decreased marginally by 0.03% to $95.79 a barrel, and the December Gold Futures contract rose by 0.57% to $3,907.40 a troy ounce.

The USD/TWD exchange rate dropped by 0.40% to 32.86, while TWD/CNY remained unchanged at 0.20. The US Dollar Index Futures saw a minor uptick of 0.01% at 103.10.