Taiwan equities finished the session lower on Wednesday, with the Taiwan Weighted index retreating 0.68% at the close. Market declines were led by losses in the , Paper & Pulp and Chemicals sectors, which contributed to the index slide.
Among individual performers, WNC Corp (TW:6285) was the top gainer on the Taiwan Weighted, jumping 10.00% or 26.00 points to close at 286.00. Yageo Corp (TW:2327) climbed 9.99% or 45.50 points to finish at 501.00, while Compeq Manufacturing Co Ltd (TW:2313) advanced 9.98% or 23.50 points to end the day at 259.00.
On the downside, Yeong Guan Energy Technology Group Co Ltd (TW:1589) fell 9.92% or 0.61 points to close at 5.54, making it one of the weakest stocks of the session. Shunsin Technology Holdings Ltd (TW:6451) dropped 9.88% or 57.00 points to end at 520.00, and Chung Fu Tex-International Corp (TW:1435) declined 9.51% or 1.35 points to 12.85.
Market breadth as reported showed falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0.
Several individual-stock milestones were recorded during the session. Shares of WNC Corp (TW:6285) rose to all time highs, increasing 10.00% or 26.00 to 286.00. By contrast, shares of Yeong Guan Energy Technology Group Co Ltd (TW:1589) fell to all time lows, down 9.92% or 0.61 to 5.54. Chung Fu Tex-International Corp (TW:1435) fell to 5-year lows, losing 9.51% or 1.35 to 12.85.
Commodities and currency markets showed modest moves as Asian trading wrapped. Crude oil for July delivery was down 0.19% or 0.20 to $103.81 a barrel. Brent oil for July delivery slipped 0.15% or 0.17 to $110.81 a barrel. The June Gold Futures contract fell 0.23% or 10.31 to trade at $4,475.09 a troy ounce.
On the currency front, USD/TWD was effectively unchanged, moving 0.01% to 31.66, while TWD/CNY registered no change at 0.00% to 0.22. The US Dollar Index Futures closed up 0.06% at 99.32.
The trading session was marked by a handful of outsized individual stock moves amid a modest overall market decline. The sectors cited as contributing to downward pressure were the , Paper & Pulp and Chemicals sectors, with several names in other industries recording steep percentage gains or losses at the close.
Closing snapshot
- Taiwan Weighted -0.68% at close
- Top gainers: WNC Corp (TW:6285), Yageo Corp (TW:2327), Compeq Manufacturing Co Ltd (TW:2313)
- Largest decliners: Yeong Guan Energy Technology Group Co Ltd (TW:1589), Shunsin Technology Holdings Ltd (TW:6451), Chung Fu Tex-International Corp (TW:1435)
- Crude oil (July) $103.81 a barrel, Brent (July) $110.81 a barrel, June Gold Futures $4,475.09 a troy ounce
- USD/TWD 31.66, TWD/CNY 0.22, US Dollar Index Futures 99.32