Taiwan Stock Market Surges Nearly 300 Points to New High of 22,787 Points; TSMC Leads the Charge Towards Thousand-Dollar Stocks

Reported 8 months ago

On June 17, 2024, the Taiwanese stock market hit a new high of 22,787.67 points, with TSMC reaching a peak of 950 yuan, pushing towards becoming a thousand-dollar stock. Although the market has consecutively set new highs for 5 days, analysts believe it may enter a high-level fluctuation phase. Other notable stock movements include World and technology stocks seeing gains, while aviation and biotech stocks like China Airlines, EVA Air, and ABC-KY also performed strongly due to increased travel demand and the resurgence of COVID-19.

Source: YAHOO

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