Taiwan stocks finished the session in the red on Thursday as sector losses, particularly in Electronic Parts/Components and Plastic industries, weighed on the market.
At the close in Taiwan, the Taiwan Weighted fell 2.79%.
The top gainers among constituents included Prime Electronics & Satellitics Inc (TW:6152), which climbed 10.00% or 1.85 points to close at 20.35. Acer Gaming Inc (TW:6908) advanced 9.98% or 2.05 points to finish at 22.60, while Ubiqconn Technology Inc (TW:6928) rose 9.97% or 4.50 points to end the day at 49.65.
On the downside, Eson Precision Ind Co Ltd (TW:5243) declined 10.00% or 8.80 points to close at 79.20. Nan Ya Printed Circuit Board Corp (TW:8046) dropped 10.00% or 108.00 points to finish at 972.00, and AMAX Holding Co Ltd (TW:6933) fell 10.00% or 36.00 points to end the session at 324.00.
By the close, decliners outnumbered advancers on the Taiwan Stock Exchange by 746 to 290, with 88 issues unchanged.
Commodities and currency moves accompanied the equity declines. Crude oil for December delivery decreased 1.01% or 0.87 to $85.66 a barrel. Brent oil for January settlement was down 0.98% or 0.91 at $91.85 a barrel. The December Gold Futures contract fell 0.41% or 16.53 to trade at $3,983.97 a troy ounce.
On currency rates, USD/TWD was up 0.28% at 32.98, while TWD/CNY was unchanged at 0.20 with a 0.25% notation reported.
In index and futures action, the US Dollar Index Futures was reported up 0.07% at 102.89. Market code snippets that appeared in trading summaries included DX+0.1%, GC-0.41%, LCO-0.22%, CL-0.23%, TWII-2.79%, 5243-10.00%, 6152+10.00%, 8046-10.00%, 6933-10.00%, 6928+9.97% and 6908+9.98%.
The session statistics show the market experienced a broad tilt toward selling pressure, with significant single-stock moves on both the upside and downside. The most pronounced gains and losses were both at or near 10.00% for individual names reported at the close.
Given the data reported at the close, the market finished Thursday with the Taiwan Weighted lower and a majority of listed issues moving lower versus those moving higher.