Taiwan Stock Market Surges Over 300 Points, Reaches 22300; TSMC Hits New High of 929 Yuan With Quick Fill-in Dividend

Reported 7 months ago

On June 13, the Taiwan Stock Market opened at 22217.64 and surged over 300 points to reach 22300. TSMC (2330) saw a significant increase of 23 yuan to 929, hitting a new high with its quick fill-in dividend, pushing its market value over 24 trillion. Following the rise in the US stock market, Taiwan stocks continued to climb with UMC (2303) up 1.3 to 56.2, MediaTek (2454) up by 55 or 4% to 1355, among others. Meanwhile, the ceasefire resolution in Gaza led to two consecutive days of decline in shipping stocks, but today three major shipping companies rebounded with Wan Hai (2615) up by 8.1% to 88.1, Evergreen (2603) up 6.5 to 198, and Yang Ming (2609) up by 4.51% to 74.1.

Source: YAHOO

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