Taiwan stocks higher at close of trade; Taiwan Weighted up 1.88%

Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Semiconductor, Electronics and Electrical/Machinery sectors led shares higher.

At the close in Taiwan, the Taiwan Weighted gained 1.88% to hit a new 3-months high.

The best performers of the session on the Taiwan Weighted were Arima Communications Corp (TW:8101), which rose 350.24% or 7.39 points to trade at 9.50 at the close. Meanwhile, Evermore Chemical Industry Co Ltd (TW:1735) added 9.93% or 2.10 points to end at 23.25 and Ledtech Electronics Corp (TW:6164) was up 9.67% or 1.63 points to 18.44 in late trade.

The worst performers of the session were Lead Data Inc (TW:2443), which fell 9.85% or 0.39 points to trade at 3.57 at the close. LARGAN Precision Co Ltd (TW:3008) declined 8.64% or 220.00 points to end at 2,325.00 and RichWave Technology Corp (TW:4968) was down 6.99% or 13.50 points to 179.50.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 0 to 0.

Shares in Arima Communications Corp (TW:8101) rose to 3-years highs; rising 350.24% or 7.39 to 9.50. Shares in Ledtech Electronics Corp (TW:6164) rose to 3-years highs; up 9.67% or 1.63 to 18.44.

Crude oil for December delivery was up 0.48% or 0.33 to $69.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.34% or 0.25 to hit $73.31 a barrel, while the December Gold Futures contract rose 0.36% or 9.90 to trade at $2,739.90 a troy ounce.

USD/TWD was down 0.31% to 31.96, while TWD/CNY unchanged 0.41% to 0.22.

The US Dollar Index Futures was up 0.03% at 103.34.