Reported 8 months ago
Taiwan's stock market continues to reach new highs with the influence of strong performance from the U.S stock market and NVIDIA's surge, as it surpasses 23100 and reaches 23180. Semiconductor giants such as TSMC, MediaTek, and Hon Hai (Foxconn) are leading the charge, pushing the electronics sector to shine. TSMC's stock price surged over 2.5% to around 967 NTD, while MediaTek surpassed 1480 NTD with a more than 5% increase. With TSMC and MediaTek's strong performance, it is anticipated that Taiwan's stock market will have 19 members in the 'Thousand Stocks Club', and potentially break through 450 stocks priced above 100 NTD.
Source: YAHOO