Stocks Plunge as Hon Hai and TSMC Undergo Ex-Dividend! Taiwan's Stock Market Falls by 179 Points to Close at 22879 Points

Reported about 1 year ago

Today, both Hon Hai (2317) and United Microelectronics Corporation (2303) in Taiwan's stock market, which are weighty stocks, went ex-dividend, leading to a drop of 179 points in the market index to end at 22879.37 points, a decrease of 0.78%. TSMC's shutdown added to the market downturn. Tomorrow, ASUS is expected to distribute cash dividends of NT$17, and with the AI theme boosting the electronics sector, it is likely to quickly recover. It is estimated that a total of NT$300 billion will be distributed to investors this year.

Source: YAHOO

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