Taiwan equities ended the trading day modestly in the red, as the Taiwan Weighted closed down 0.06% on Monday. Market weakness was led by losses in the , Glass and Electricity sectors, which collectively pushed the benchmark slightly lower by the close.
Among individual stocks, Copartner Technology Corp (TW:3550) was the session's strongest performer, jumping 9.97% or 1.70 points to finish at 18.75. Acelon Chemicals & Fiber Corp (TW:1466) climbed 9.90% or 1.50 points to 16.65, while Ta Liang Technology Co Ltd (TW:3167) added 9.83% or 20.50 points to end the day at 229.00.
On the downside, Zinwell Corporation (TW:2485) posted the steepest decline, falling 9.99% or 4.60 points to close at 41.45. Gigastorage Corp (TW:2406) dropped 9.95% or 3.25 points to 29.40, and Chenbro Micom Co Ltd (TW:8210) retreated 9.95% or 108.00 points to finish at 977.00.
Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0.
Notably, shares of Copartner Technology Corp (TW:3550) rose to 52-week highs; up 9.97% or 1.70 to 18.75.
Commodities and foreign exchange moves accompanied the equity session. Crude oil for March delivery slipped 1.07% or 0.68 to $62.87 a barrel. Brent oil for April delivery fell 1.09% or 0.74 to $67.31 a barrel. In metals, the April Gold Futures contract rose 1.72% or 85.69 to trade at $5,065.49 a troy ounce.
Currency and index futures showed small changes: USD/TWD was down 0.02% to 31.58, while TWD/CNY unchanged 0.23% to 0.22. The US Dollar Index Futures was down 0.26% at 97.25.
Market takeaway - The session closed with only a marginal decline in the benchmark, while several individual names experienced large percentage swings. Energy-related commodity prices were weaker, and the US Dollar Index Futures eased.
What to watch next - Investors may monitor sector performance in the , Glass and Electricity groups as well as the behavior of the names that recorded large intraday moves.