Reported 8 months ago
On June 17, 2024, the stock market rallied, with TSMC surging over 3% to 950 yuan in intraday trading, setting a new all-time high. Despite foreign adjustments, Hon Hai Precision Industry fell to 198.5 yuan. U.S. stock indices closed higher, and Taiwan's weighted index soared to a record 22787 points, with TSMC leading the way. Other stocks like China Airlines and Eva Air also jumped over 4% due to increased airfreight rates. Analysts suggest maintaining a bullish stance on Taiwan stocks as the index continues to rise.
Source: YAHOO