Reported 10 months ago
On June 21, Taiwan's stock market saw a midday slump of over 200 points as Nvidia and US tech stocks declined, with the index hitting a low of 23151.15 points. Amidst the retracement of electronics stocks and the weakness of financial stocks, funds flowed into traditional sectors like biotech, shipping, and plastics. However, panel stocks like Hon Hai (3481) saw a surge with 550,000 shares traded, hitting the daily limit up, marking the largest volume movement this year. AUO (2409) also experienced a 7% increase in share price, with these 'panel tiger' stocks dominating the top two spots in trading volume. Meanwhile, the Dow Jones Industrial Average ended at 39134.76 points, up 0.77%; the S&P 500 closed at 5473.17 points, down 0.25%; and the Nasdaq dropped 0.79% to finish at 17721.59 points, halting its seven-day streak of record highs.
Source: YAHOO