Taiwan Weighted closes up 4.98% as 829 stocks advance

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Taiwan Weighted closes up 4.98% as 829 stocks advance
PrimeXBT Editorial Team
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The Taiwan Weighted index closed Monday up 4.98%, led by the Plastic, Glass and Optoelectronic sectors. Rising stocks outnumbered decliners by 829 to 237 on the Taiwan Stock Exchange.

Taiwan stocks closed higher on Monday, as gains in the Plastic, Glass and Optoelectronic sectors led shares up. The Taiwan Weighted gained 4.98% at the close.

I-Chiun Precision Industry rose 10.00% or 14.50 points to 159.50, among the best performers of the session on the index. Meanwhile, Flexium Interconnect added 10.00% or 6.50 points to end at 71.50, and Aurotek was up 10.00% or 7.00 points to 77.00 in late trade.

On the downside, Vizionfocus fell 10.00% or 20.00 points to 180.00 at the close. Sino Horizon Holdings declined 9.87% to end at 28.30, and Aces Electronics was down 9.62% to 117.50.

On the Taiwan Stock Exchange, 829 stocks rose, 237 fell and 61 ended unchanged.

Elsewhere, December crude oil futures were down 0.61% at $90.28 a barrel, and January Brent fell 1.15% to $97.19. The December gold futures contract rose 1.32% to $4,128.72 a troy ounce. The US Dollar Index Futures was down 0.18% at 102.00.

Source: Investing.com

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