Reported about 1 year ago
Taiwan's stock market surged on July 8th with the weighted index breaking through 24,000 points to reach 24,011. Thanks to domestic institutional investors supporting the market and positive exchange reports for Hon Hai Precision Industry Co., Ltd., the index closed at 23,878 points, marking a new high with TSMC contributing most to the gains. As the tech stocks led by the top five companies (F5) soared, the market outlook remains positive with a focus on upcoming events like the US election and global trade barriers concerning electric vehicles from China.
Source: YAHOO