Taiwan Stock Market Drops by 80 Points to Close at 22905 Points! TSMC Closes at Flat Price of 960 Yuan, Holding the 5-Day Line

Reported 11 months ago

On Thursday, the Taiwan stock market closed with a slight decline of 80.71 points at 22905.98 points, a decrease of 0.35%, maintaining above the 5-day line. At the opening, the market plummeted over 200 points to a low of 22765.16 points before gradually recovering. TSMC opened lower at 949 yuan and closed flat at 960 yuan, with a trading volume of 5005 shares. Other heavyweight stocks like Hon Hai, Chunghwa Telecom, Fubon Financial, and Delta Electronics closed slightly higher, while MediaTek and Quanta Computer closed lower. Overall market sentiment was cautious due to factors like the U.S. Fed's hawkish stance and foreign net selling, with the overall turnover reaching 441.53 billion yuan.

Source: YAHOO

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