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

Reported 12 months 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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