Taiwan stocks closed lower on Tuesday, with the Taiwan Weighted Index falling 0.70% as losses in the Glass and Semiconductor sectors dragged the market down. Among the best performers, Wisdom Marine Lines Co Ltd (TW:2637) surged 9.93% to 81.90, reaching a 52-week high, while U-Ming Marine Transport Corp (TW:2606) climbed 9.92% to 73.10, hitting a three-year high. Shih Wei Navigation Co Ltd (TW:5608) also saw strong gains, rising 9.89% to 20.55. On the losing side, Ennostar Inc (TW:3714) dropped 8.89% to 46.65, followed by Hanpin Electron Co Ltd (TW:2488), which fell 6.26% to 56.90, and Associated Industries China Inc (TW:9912), down 6.25% to 12.75. In the commodities market, crude oil for April delivery edged up 0.54% to $71.08 per barrel, while Brent oil for May delivery rose 0.36% to $74.58 per barrel. However, gold futures for April declined 0.36% to $2,952.59 per troy ounce. In the forex market, the USD/TWD exchange rate increased 0.15% to 32.78, while TWD/CNY remained mostly unchanged at 0.22. The market downturn reflects ongoing volatility amid global economic uncertainties, particularly in trade and technology sectors.
