TSMC's Stock Reaches New Record High at 909 NT Dollars, Investors Thrilled With Earnings Surpassing 700,000 NT Dollars in One Day

Reported 7 months ago

On June 12, 2024, the Taiwan Stock Market opened high and continued to rise, reaching a peak of 22,094 points and closing at 22,048 points, thanks largely to TSMC skyrocketing to a new record high of 909 NT dollars, driven by Apple's stock price increase. Foxconn also hit a 16-year high at 188 NT dollars, bringing joy to investors. Some estimate earnings exceeding 700,000 NT dollars in just one day. With the US stock market showing mixed trends, Taiwanese stocks surged on the 12th. Foreign investors bought over 16.8 billion NT dollars of Taiwanese stocks, ending a two-day sell streak. TSMC, Foxconn, and other related stocks all soared, with anticipation for future market performance.

Source: YAHOO

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