Reported 8 months ago
On June 19, 2024, Taiwan's stock market surged by 452.11 points to a new closing high at 23209.54 points. The top 8 contributing stocks were all 'Old Huang Concept Stocks,' responsible for about 412 points out of the total gains, which accounted for 90% of the market increase. Among investors, there are concerns that only 4 major high-value stocks remain, with sentiments like 'small and medium-sized stocks are dead' as they observe the market dynamics heavily influenced by major players like Nvidia and TSMC.
Source: YAHOO