Foxconn Declares Dividend of 5.4 Yuan! Taiwan Stock Market Plunges Over 100 Points, Fails to Hold Above 23,000 Points

Reported 12 months ago

On July 2, the Taiwan stock market opened with the weighted index at 23,012.74 points, dropping 45.83 points in the first minutes to reach 22,951 points. Foxconn declared a dividend of 5.4 yuan per share, causing a stir. American stock markets rose on July 1, with the Dow Jones Industrial Average up 50.66 points, the Nasdaq up 146.69 points, the S&P500 up 14.61 points, and the Philadelphia Semiconductor Index up 4.89 points. Taiwan's stock market remains optimistic with funds concentrating on select individual stocks, making trading more challenging.

Source: YAHOO

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