Taiwan equities ended the trading day higher on Friday as sector gains in Machinery, Electricity and Financials pushed the benchmark to a fresh peak. At the close, the Taiwan Weighted was up 1.98% and recorded a new all-time high.
Top movers
The session's strongest performers on the Taiwan Weighted included Ho Tung Chemical Corp (TW:1714), which climbed 10.00% - up 1.00 point - to finish at 11.00. Lealea Enterprise Co Ltd (TW:1444) also gained 10.00%, adding 0.68 points to end at 7.48. Southeast Cement Co Ltd (TW:1110) rose 10.00% - an increase of 1.45 points - to close at 15.95.
On the downside, Yeong Guan Energy Technology Group Co Ltd (TW:1589) declined 9.92%, losing 0.61 points to trade at 5.54 at the close. Chung Fu Tex-International Corp (TW:1435) fell 9.51% - down 1.35 points - to end at 12.85. Edom Technology Co Ltd (TW:3048) slipped 7.98%, a fall of 6.00 points, to close at 69.20.
In a summary of market breadth reported at the close, falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0.
Notable price milestones
- Shares of Ho Tung Chemical Corp (TW:1714) reached three-year highs, advancing 10.00% or 1.00 point to 11.00.
- Yeong Guan Energy Technology Group Co Ltd (TW:1589) registered an all-time low after a 9.92% decline to 5.54.
- Lealea Enterprise Co Ltd (TW:1444) rose to 52-week highs, up 10.00% or 0.68 to 7.48.
- Chung Fu Tex-International Corp (TW:1435) dropped to five-year lows, losing 9.51% or 1.35 to close at 12.85.
Commodities and currencies
Commodity markets were mixed. Crude oil for July delivery fell 0.12% - down 0.11 - to trade at $92.93 a barrel. Brent oil for August delivery moved higher by 0.28% or 0.27 to reach $95.30 a barrel. The August Gold Futures contract declined 0.86%, a drop of 38.75, to trade at $4,466.25 a troy ounce.
On the currency front, USD/TWD was up 0.10% at 31.50, while TWD/CNY was unchanged at 0.22 (0.00%). The US Dollar Index Futures showed a small uptick of 0.01% to 99.39.
Analytical note
The day's trading featured sizable percentage moves among individual securities, particularly smaller-cap companies that recorded 10.00% increases and single-digit declines approaching double digits. Those swings coincided with a broader rally in the benchmark index led by Machinery, Electricity and Financials.
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