Historic Moment! TSMC Skyrockets to 1000 NTD at Opening, Becoming the 17th 'Thousand Shares' Stock in Taiwan Stock Market

Reported 12 months ago

TSMC's stock price surged to 1000 NTD at the opening, making it the 17th 'Thousand Shares' stock in the Taiwan Stock Market. With positive outlook from foreign institutional investors and dual stimulations from NVIDIA and Apple orders, TSMC opened this morning, climbing to 1000 NTD, marking a historic moment witnessed by millions of investors. The stock soared over 2% to 1005 NTD, becoming the 17th 'Thousand Shares' stock in Taiwan. This rise, led by the tech giant, also pushed the weighted index up by over 300 points, reaching a record high of 23486.69 points. Other heavyweight stocks like Foxconn, MediaTek, and Quanta Computer also rose between 1.09% and 3.69%. Foreign institutions had previously set price targets above 1000 NTD, with HSBC Securities at 1370 NTD, followed by Goldman Sachs at 1160 NTD, Citigroup at 1150 NTD, Morgan Stanley and J.P. Morgan at 1080 NTD, UBS at 1070 NTD, and Bank of America at 1040 NTD.

Source: YAHOO

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