Reported 7 months ago
Taiwan's stock market rose by 192.68 points today, closing at 22,504.72 points with a 0.86% increase, as foreign funds bought a total of 19.927 billion NT dollars. Hon Hai, a major contract manufacturer, saw strong performance as its stock price hit a 16-year high at 198 NT dollars, prompting foreign investors to buy 45,000 shares. Meanwhile, other companies like AU Optronics and Kinpo also received significant investments. The rise is attributed to Hon Hai's emergence in the AI server sector and its ability to leverage market trends. Investors are optimistic about the company's potential crossing the 200 NT dollars mark, with positive sentiments also directed towards another company's AI prospects.
Source: YAHOO