Taiwan Stock Closing: TSMC Rises by 26 Points to Close at 1005 Yuan! Foxconn Soars by 5.66%, Index Climbs by 350 to 23522 Points

Reported about 1 year ago

On July 4, 2024, Taiwan stock market hit a new record high with TSMC breaking the thousand mark and the weighted index closing at 23522.53 points. Driven by major tech stocks TSMC and Foxconn, the index surged to 23571.82 points during the day and closed at 23522.53 points, marking a 1.51% increase. Overall, the electronics, electrical machinery, optoelectronics, food, and semiconductor sectors performed well while sectors like household living, digital cloud, biotech/medical, communication networks, and shipping showed weakness. TSMC surpassed 1000 yuan barrier, reaching a high of 1010 yuan during trading and closing at 1005 yuan, a 2.65% increase contributing 212.25 points to the index; Foxconn rose by 11.5 yuan to 214.5 yuan, a 5.66% increase contributing 50.15 points to the index. MediaTek closed flat at 1375 yuan; Largan Precision rose by 170 yuan to 2840 yuan, a 6.36% increase; Delta Electronics rose by 2.5 yuan to 382 yuan, a 0.65% increase; UMC rose by 1.3 yuan to 54 yuan, a 2.46% increase.

Source: YAHOO

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