Reported about 1 year ago
Yahoo Yahoo Finance June 21, 2024, 6:42 AM 【Key Points of the Week】06/17～06/21 - A recap of the Taiwan stock market this week: Moneybar analysts analyze that the US consumer confidence index was lower than expected, indicating a weak economic outlook with minimal growth in retail sales. TSMC, Foxconn, and other major weighty stocks strengthened the index this week. Sector-wise, semiconductors and energy-related stocks like CPO companies also saw notable movements. Noteworthy news includes the adjustment of the FTSE index, TSMC and Foxconn's strong closing volumes, and advances in the steel industry with companies like China Steel. The export order growth and reports anticipating capacity utilization improvement in the semiconductor industry were highlighted as well. The week ended with Taiwan's main weighted index surging over 23,000 points, with various sectors and stocks experiencing significant increases and developments.
Source: YAHOO