Trump's Comments Spark TSMC Stock Drop: Government Banks Inject 2.68 Billion into Market

Reported 3 months ago

On July 17, 2024, Taiwan's stock market fell, with the index dropping 227.43 points to close at 23,769.82. Following Donald Trump's comments questioning Taiwan's semiconductor industry, TSMC's shares fell by 2.37%, while government banks collectively purchased TSMC shares amounting to 2.689 billion NTD. Hon Hai was the top stock bought, with over 4,000 shares purchased, totaling 897 million NTD. The report highlights the significant investments by government banks amid market volatility.

Source: YAHOO

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