Taiwan’s equity market closed higher on Wednesday, with the Taiwan Weighted Index rising 1.48% as advancers outnumbered decliners by more than four to one.
Gains were concentrated in the plastic, chemical and optoelectronic sectors, which offset declines in shipping stocks. Advancing issues totaled 840, while 205 stocks fell and 79 ended unchanged.
Technology shares led the advance. PCL Technologies surged 10% to close at TWD 170.50, while ITEQ Corp gained 10% to TWD 583.00, marking a record high. Genius Electronic Optical also climbed 10% to TWD 759.00.
Shipping stocks lagged. Yang Ming Marine Transport fell 9.43% to TWD 57.60, Wan Hai Lines dropped 9.09% to TWD 115.00, and U-Ming Marine Transport declined 7.69% to TWD 72.00.
Commodities and currencies showed mixed movement. WTI crude for October delivery fell 1.88% to $80.81 per barrel, while Brent crude for November delivery declined 1.63% to $85.85. Gold futures for December delivery edged up 0.01% to $4,694.79 per troy ounce. The U.S. Dollar Index futures slipped 0.08% to 98.92, and the USD/TWD pair retreated 0.05% to 31.83.
