Reported about 1 year ago
Taiwan stock market surged today, with TSMC driving the rally, pushing the index up by 453 points to break through 24000 points and set a new record at 24011 points. This marked several remarkable achievements: hitting a new all-time high, the third largest intra-day gain of the year, a jump of over 6000 points in less than a year, TSMC reaching a new high of 1050, its market value skyrocketing to over 27 trillion, overall market value exceeding 76 trillion, and a growth of over 19.68 trillion in less than half a year. Analysts believe the bullish market trend will continue fueled by strong performances of key stocks like TSMC and Hon Hai, with attention on smaller-cap stocks for potential opportunities.
Source: YAHOO