Reported 10 months ago
On June 19, 2024, the Taiwan stock market soared 452.11 points to close at 23,209.54, with high trading volume. The top four weighted stocks - TSMC (2330), Hon Hai (2317), MediaTek (2454), and Quanta (2382) - together contributed 369.88 points, with a total trading volume of 1559.82 billion NTD. Despite the market hitting new highs, the Central Bank Governor Yang Chin-long warned of risks and advised caution. Experts expressed concerns about the rapid rise of certain stocks without substantial profits and the potential impact of AI trading on market dynamics.
Source: YAHOO