Reported about 1 year ago
In the early morning of June 13, 2024, TSMC paid out its cash dividend for the fourth quarter of 2023, leading to a gap-up opening at 923 yuan, reaching a new all-time high. The stock successfully filled the dividend gap in seconds, surging over 2% to 929 yuan in early trading, setting a new intraday record high. The positive momentum in the Taiwan stock market was influenced by the US stock market, as US consumer price index data came in lower than expected and the Fed hinted at the possibility of a rate cut this year. Analysts believe that while the Fed's statement provided some support, the continued rise in the Taiwan stock market reflects more on its fundamental performance.
Source: YAHOO