Reported 8 months ago
In the morning of June 23, 2024, the Taiwan stock market plummeted over 300 points, breaking the 23,000 mark and falling below the 5-day moving average. TSMC dropped to as low as 948 yuan, over 2% decrease, breaking the 5-day moving average but holding onto the 10-day moving average. Major weighted stocks except for Chunghwa Telecom all experienced significant declines ranging from 0.6% to 4.7%. Overall, electronics stocks faced a broad decline, while traditional and financial stocks also saw minor decreases. Analysts suggest cautious market watching due to the current downward trend.
Source: YAHOO