Reported 12 months ago
Taiwan stock market fell throughout the day, briefly recovering the 23,000 level but ultimately closed down by 179 points at 22,879 due to the decline in heavyweight stocks. TSMC closed at 960 NT, down by 8 NT (0.82%), while Hon Hai closed at 204.5 NT with a 2.85% drop. In the morning session, the index dropped over 200 points. Tech, finance, and traditional sectors all fell, with TSMC briefly turning positive but ending lower. Meanwhile, US stocks closed higher, with NASDAQ hitting a new high, impacting Taiwan stocks negatively. TSMC purchased a shuttered hard disk factory in proximity to their own expansion plans in Hsinchu, indicating future production in 2025. Market sentiment remains cautious with short-term volatility expected in the index.
Source: YAHOO