Taiwan stocks hit new high with TSMC and MediaTek soaring to top prices, technology sector performing well

Reported 8 months ago

FTNN News reported on June 18, 2024, that driven by the continuous rise of the four major indices of the U.S. stock market and NVIDIA-US soaring 3.51%, becoming the world's market value leader, as well as TSMC ADR continuing to rise by 1.38%, Taiwan stocks hit a new high with an increase of over 260 points to reach 23017.69 points. TSMC and leading IC design company MediaTek hit new high prices, while Foxconn also reached a new high in its 16-year stock price history. The technology sector showed outstanding performance. TSMC opened at 953NTD and soared to 962NTD, a 2.01% increase; Foxconn reached 206.5NTD, a more than 4% rise; MediaTek opened at 1425NTD and surged to 1435NTD, a more than 2% increase.

Source: YAHOO

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