Taiwan Stock Market Plunges by 439 Points, Fails to Hold Above 23,000 Mark, TSMC Drops 30 Points to Close at 940

Reported 8 months ago

Taiwan's stock market closed 439 points lower at 23,813.7, failing to maintain its position above 23,000. Major tech stocks such as TSMC, MediaTek, Foxconn, and Wistron all experienced drops in value. The market volatility was attributed to the pullback in US tech stocks last week, with concerns over the impact of the upcoming Federal Reserve discussions and the first US presidential debate on June 27.

Source: YAHOO

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