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Taiwan stocks closed lower, with the Taiwan Weighted Index down 0.93%

The Taiwan stock market weakened after closing at noon on Thursday, with the market fallin

After the close of Thursday, Taiwan's stock market fell overall, with the decline of the paper and pulp sector and the oil, gas and power sector becoming the main drag.

On the same day, the Taiwan Weighted Index (TAIEX) fell 0.93%. In terms of individual stocks, Yongzhong Chemical Industry Co., Ltd. (1735) performed the best, with its share price rising 10.00%, or 1.65 points, and finally closing at 18.15 yuan. Following closely behind was Yongguang Chemical Industry Co., Ltd. (1711), with its share price rising 9.97%, or 1.85 points, and closing at 20.40 yuan; China Chemical Industry Co., Ltd. (1727) made efforts in the late trading, and its share price rose 9.94%, or 2.45 points, and closed at 27.10 yuan.

Meanwhile, Shihlin Paper Co., Ltd. (1903) performed the worst, with its share price falling 9.90%, or 7.10 points, to close at NT$64.60; Xintai Industrial Co., Ltd. (123 5) fell 9.90%, or 8.50 points, to close at NT$77.40; and Xinguang Textile Co., Ltd. (1419) fell 8.20%, or 6.70 points, to close at NT$75.00.

According to data from the Taiwan Stock Exchange, the number of stocks that fell on the day was 0, and the number of stocks that rose was also 0.

In terms of commodity trading, crude oil futures for July delivery rose 1.76%, or $1.09, to $62.93 per barrel. In addition, the price of Brent crude oil futures for August delivery rose by 1.62%, or $1.04, to $65.36 per barrel, while the August gold futures contract fell by 0.78%, or $25.86, to $3,296.54 per troy ounce.

In terms of exchange rates, the US dollar rose by 0.21% against the New Taiwan dollar to 29.98, while the New Taiwan dollar remained flat against the RMB at 0.08%, maintaining at 0.24. In addition, the US dollar index futures also rose by 0.46% to 100.25.

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