Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Electricity, Glass and Semiconductor sectors led shares higher.
At the close in Taiwan, the Taiwan Weighted gained 0.46% to hit a new 52-week high.
The best performers of the session on the Taiwan Weighted were Formosa Sumco (TW:3532), which rose 10.00% or 7.70 points to trade at 84.70 at the close. Meanwhile, K.S. Terminals (TW:3003) added 9.98% or 4.10 points to end at 45.20 and Kpt Industries (TW:1805) was up 9.97% or 0.70 points to 7.72 in late trade.
The worst performers of the session were Spirox (TW:3055), which fell 9.97% or 1.75 points to trade at 15.80 at the close. Casetek (TW:5264) declined 9.81% or 10.10 points to end at 92.90 and Genesis Photon (TW:3383) was down 8.36% or 0.29 points to 3.18.
Rising stocks outnumbered declining ones on the Taiwan Stock Exchange by 462 to 334 and 82 ended unchanged.
Shares in Formosa Sumco (TW:3532) rose to 3-years highs; rising 10.00% or 7.70 to 84.70. Shares in Spirox (TW:3055) fell to 52-week lows; down 9.97% or 1.75 to 15.80. Shares in K.S. Terminals (TW:3003) rose to 52-week highs; rising 9.98% or 4.10 to 45.20. Shares in Kpt Industries (TW:1805) rose to 52-week highs; gaining 9.97% or 0.70 to 7.72.
Crude oil for March delivery was down 0.13% or 0.07 to $53.79 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.07% or 0.04 to hit $56.66 a barrel, while the April Gold Futures contract fell 0.26% or 3.25 to trade at $1232.65 a troy ounce.
USD/TWD was down 0.19% to 30.985, while TWD/CNY unchanged 0.00% to 0.2220.
The US Dollar Index Futures was up 0.06% at 100.78.