Taiwan stocks ended lower on Tuesday, with the Taiwan Weighted index declining by 0.37%. Losses were led by the Plastic and Chemical sectors. Top gainers included Jenn Feng New Energy Co Ltd, which surged 70.12% to hit a five-year high of 28.92, King’s Town Construction Co Ltd, up 10% to 73.70, and Harvatek Corp, also rising 10% to 23.10. Conversely, Career Technology MFG Co Ltd fell 7.98% to a five-year low of 15.00, Mao Bao Inc dropped 7.42% to 28.70, and Ta Liang Technology Co Ltd declined 7.14% to 104.00.
In commodities, crude oil prices rose, with February delivery up 0.96% to $71.67 a barrel, and Brent oil for March delivery increasing 0.88% to $74.64. Gold futures for February fell slightly by 0.09% to $2,615.74 per troy ounce. Currency markets saw the USD/TWD rise 0.15% to 32.80, while the US Dollar Index Futures dipped 0.16% to 107.76.