- Taiwan stocks closed lower on Monday, with the Taiwan Weighted down 0.76%, as losses in the Biotech & Medical Care and Chemical/Bio & Medical care sectors led shares lower.
- Indonesia shares also closed lower, with the Jakarta Stock Exchange Composite down 0.14%, driven by losses in the IDX Agriculture, IDX Basic Industry and IDX Property sectors.
Taiwan's stock market experienced a downturn on Monday, with the Taiwan Weighted index falling 0.76%. This decline was primarily driven by losses in the Biotech & Medical Care and Chemical/Bio & Medical care sectors. Notably, AMAX Holding Co Ltd saw a significant rise of 10.00%, while Unimicron Technology Corp faced a sharp decline of 10.00%.12
In total, 671 stocks fell compared to 347 that advanced, with 104 remaining unchanged. The market hit a new 1-month high despite the overall losses.
Meanwhile, in Indonesia, the Jakarta Composite index dropped 0.14%, influenced by declines in the IDX Agriculture, IDX Basic Industry, and IDX Property sectors. The session saw 377 stocks rise against 273 that fell, with 183 unchanged.
Among the biggest gainers in Indonesia, DMS Propertindo Tbk PT surged 34.16%, while Dwi Guna Laksana Tbk PT fell 14.97%.
“On the Taiwan Stock Exchange, falling stocks outnumbered advancing ones 671 to 347, with AMAX Holding rising 10% to a 52-week high while Unimicron Technology fell 10%. In Jakarta, DMS Propertindo surged 34.16% to a 3-year high, but Dwi Guna Laksana dropped 14.97%.”
