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Taiwan stocks higher at close of trade; Taiwan Weighted up 1.68%

Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Glass, Construction and Electronic Parts/Components sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted rose 1.68%.

The best performers of the session on the Taiwan Weighted were Arima Communications Corp (TW:8101), which rose 350.24% or 7.39 points to trade at 9.50 at the close. Meanwhile, Headway Advanced Materials Inc (TW:1776) added 10.00% or 2.30 points to end at 25.30 and Sunko Ink Co Ltd (TW:1721) was up 9.98% or 2.20 points to 24.25 in late trade.

The worst performers of the session were Huang Hsiang Construction Corp (TW:2545), which fell 10.00% or 6.50 points to trade at 58.50 at the close. Farglory Land Development Co Ltd (TW:5522) declined 10.00% or 7.90 points to end at 71.10 and Da-Li Development Co Ltd (TW:6177) was down 9.98% or 6.00 points to 54.10.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0.

Shares in Arima Communications Corp (TW:8101) rose to 3-years highs; gaining 350.24% or 7.39 to 9.50. Shares in Headway Advanced Materials Inc (TW:1776) rose to 52-week highs; gaining 10.00% or 2.30 to 25.30. Shares in Sunko Ink Co Ltd (TW:1721) rose to 52-week highs; gaining 9.98% or 2.20 to 24.25.

Crude oil for November delivery was up 0.79% or 0.56 to $71.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.75% or 0.55 to hit $74.24 a barrel, while the December Gold Futures contract rose 0.27% or 7.15 to trade at $2,653.35 a troy ounce.

USD/TWD was up 0.17% to 32.04, while TWD/CNY unchanged 0.23% to 0.22.

The US Dollar Index Futures was up 0.06% at 100.48.

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