Taiwan stocks finished the trading day weaker on Monday, with the market benchmark moving lower as sector-level declines pushed the index down.
At the close, the Taiwan Weighted fell 0.68% on the session.
Top performers
The strongest gains on the Taiwan Weighted were recorded by Chung Hwa Pulp Corp (TW:1905), which climbed 10.00% - an increase of 1.40 points - to finish at 15.40. Dynamic Electronics Co Ltd (TW:3715) also advanced 10.00%, adding 18.50 points to close at 203.50. Copartner Technology Corp (TW:3550) rounded out the top performers, rising 10.00% or 1.75 points to 19.25 at the close.
Largest declines
On the downside, HannsTouch Solution Inc (TW:3049) led losses, slipping 7.94% or 1.10 points to end the session at 12.75. Eastech Holding Limited (TW:5225) dropped 7.78%, a fall of 7.00 points to 83.00, while Yi Jinn Industrial Co Ltd (TW:1457) lost 7.06% or 1.15 points, closing at 15.15.
Market breadth, as reported for the Taiwan Stock Exchange, registered declining stocks outnumbering advancing ones by 0 to 0.
Notable milestone
Shares of Dynamic Electronics Co Ltd (TW:3715) reached an all-time high during the session, rising 10.00% or 18.50 to close at 203.50.
Commodities and currencies
In commodities trading, crude oil for May delivery rose 0.83% or 0.83 to $100.47 a barrel. Brent oil for June delivery increased 2.01% or 2.12 to $107.44 a barrel. The June Gold Futures contract was higher by 0.69% or 31.00, trading at $4,555.30 a troy ounce.
On the currency front, USD/TWD declined 0.22% to 31.97, while TWD/CNY was unchanged at 0.05% to 0.22. The US Dollar Index Futures moved down 0.08% to 99.90.
Context and takeaway
Monday's session closed with the Taiwan Weighted registering a modest loss, driven by moves in several sectors and punctuated by large percentage swings among individual stocks. Commodity prices and key FX pairs showed relatively small movements in the same trading period.