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

Reported about 1 year 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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