Taiwan Stock Market Rally with Blue Chip Securities Consolidating TSMC at Highs; Enthusiastic Investors Predict Stock Price of TWD 2,000

Reported about 1 year ago

On July 5, 2024, the Taiwan stock market opened at a record high of 23,532 points, rising over a hundred points initially before settling at 23,556 points, a 34-point increase from the previous day. TSMC, listed among the sound blue-chip stocks, maintained its position above TWD 1,000, reaching a high of TWD 1,010 during trading but closing the day at TWD 1,005. Some investors are optimistic about TSMC reaching TWD 2,000. Analysts warn of possible overheating signs in the stock market and advise continuous monitoring.

Source: YAHOO

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