Taiwan Weighted Hits Record High; CyberTAN Shares Skyrocket

Mark Eisenberg
Photo: Finoracle.net

Taiwan Stocks Close Higher with Gains in Various Sectors

Taipei, Taiwan – On Wednesday, Taiwan's stock market surged as shares across several sectors increased.

Top Performers of the Session

The big winners included:

  • KYE Systems Corp: It saw a significant rise of 10.00%, closing at 38.50.
  • CyberTAN Technology Inc: This company also gained 10.00% to finish at 29.15.
  • Bestec Power Electronics Co Ltd: It went up by 9.98%, ending the day at 30.85.

Worst Performers of the Session

However, not all stocks performed well:

  • Universal Textile Co Ltd: Dropped by 13.83% to trade at 20.25.
  • Shin Zu Shing Co Ltd: Fell by 9.90%, closing at 232.00.
  • Lead Data Inc: Decreased by 9.85% to settle at 3.57.

CyberTAN Technology Inc reached new heights, hitting a 52-week high with its 10.00% increase to 29.15.

Commodity Prices Mildly Shift

In commodity news:

  • Crude Oil (August Delivery): Slight increase of 0.09% to $80.78 per barrel.
  • Brent Oil (August Delivery): Went up by 0.09% to $85.41 per barrel.
  • Gold Futures (August Contract): Slight dip by 0.10% to trade at $2,344.55 per troy ounce.

Currency Movements

The currency market saw minimal changes:

  • USD/TWD: Increased by 0.09% to 32.39.
  • TWD/CNY: Remained unchanged at 0.22.
  • US Dollar Index Futures: Marginally up by 0.01% at 104.89.

With these updates, investors have a clearer picture of the market trends and economic indicators influencing their portfolios.

Stay informed and keep track of how these shifts might impact your investments and financial plans.

Share This Article
Mark Eisenberg is a financial analyst and writer with over 15 years of experience in the finance industry. A graduate of the Wharton School of the University of Pennsylvania, Mark specializes in investment strategies, market analysis, and personal finance. His work has been featured in prominent publications like The Wall Street Journal, Bloomberg, and Forbes. Mark’s articles are known for their in-depth research, clear presentation, and actionable insights, making them highly valuable to readers seeking reliable financial advice. He stays updated on the latest trends and developments in the financial sector, regularly attending industry conferences and seminars. With a reputation for expertise, authoritativeness, and trustworthiness, Mark Eisenberg continues to contribute high-quality content that helps individuals and businesses make informed financial decisions.​⬤