Reported 8 months ago
Taiwan's stock market closed at 22,504.72 points on the last Friday, rising 646.34 points for the entire week with a 2.96% gain. Due to concerns over electricity shortages amid increasing summer heat, electric and cable stocks benefited from strong demand for AI computing power and Taiwan Power Company's robust power grid plan, leading to a surge in these sectors last Friday. Notably, three stocks, including Shihlin Electric, Yageo, and Far Eastern Electronic Leike, all hit the limit up mark with weekly volume and price increases, reflecting a significant market performance.
Source: YAHOO