The Taiwan Weighted Index dropped 2.28% on Tuesday, closing at a one-month low due to declines in other electronic and electronic parts/components sectors. ASRock Inc., Gold Circuit Electronics Ltd., and PCL Technologies Inc. were the session’s worst performers, with ASRock falling 10%. Conversely, New Asia Construction & Development Corp. rose 9.32% to an all-time high, while Formosa Petrochemical Corp. and Shin Tai Industry Co. Ltd. also posted strong gains.
Market breadth was overwhelmingly negative. In commodities, crude oil prices edged lower, with Brent oil down 0.54% to $80.57 per barrel, while gold futures rose 0.22% to $2,684.39 per ounce. In currency markets, the USD/TWD rose 0.11% to 33.09, while TWD/CNY remained unchanged at 0.22.