Reported 8 months ago
FTNN News, June 17, 2024, 9:11 PM:Boosted by a strong performance from the four major US stock indexes and a 2.74% surge in TSMC ADR, the Taiwan stock market surged to a new high of 22787.67 points. TSMC opened at 944 yuan and rose to 950 yuan, a more than 3% increase. Semiconductor and electronics stocks were strong performers, while machinery and construction sectors showed slight weakness. With an initial spike over 290 points, the market hit a new high. Major stocks like TSMC, Foxconn, and MediaTek saw significant gains. TSMC and MediaTek led the market surge, while Foxconn hit a new high in 16 years but later fluctuated. This upbeat trend was supported by strong performances from the semiconductor and computer sectors
Source: YAHOO