Taiwan Semiconductor Manufacturing Co. (TSMC) Drops 5 NT Dollars to 955 NT Dollars; Taiwan Stock Market Inches Up Over 40 Points

Reported 9 months ago

Taiwan's stock market opened low but closed higher, with the index closing at 23,032 points, up 126 points, or 0.55%, surpassing 23,000 in the first half of the year; TSMC closed at 966 NT Dollars, up 6 NT Dollars, or 0.62%. TSMC's stock price dropped to 955 NT Dollars in the morning, but overall the market showed positive momentum with electronics stocks leading the gains. TSMC continues its share buyback program while also receiving approvals for expansion plans in Japan and the U.S., aiming to produce advanced semiconductor products. The market is anticipated to continue fluctuating within a range, with suggestions for investors to monitor institutional activities and position strategically for upcoming revenue reports in June.

Source: YAHOO

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