Reported 8 months ago
In the midst of the AI investment craze on June 20, 2024, capitals are flocking to the AI server-related supply chain, causing drastic changes in the Taiwan stock market landscape. Traditional industry stocks like Formosa Plastics and Nanya have been pushed out of the top ten weighted stocks list, leading to a skewed capital market distribution. However, analysts predict a rebound for the traditional sector, particularly for the Formosa Plastics Group. Currently, the top ten weighted stocks in Taiwan include TSMC, Foxconn, MediaTek, Quanta, Fubon Financial, Chunghwa Telecom, Cathay Financial, Delta Electronics, Eclat Textile, and CTBC Holdings, marking a significant shift from the previous year's list with the exclusion of major traditional industry giants like Formosa Plastics and Nanya.
Source: YAHOO