Shipping Stocks Drive Gains! Taiwan Stock Market Holds 20500 Points with a 0.05% Decline

The Taiwan stock market closed on April 6 at 20,522.59 points, decreasing by 0.05%. As the appreciation of the new Taiwan dollar against the US dollar slowed, the market opened significantly lower but quickly regained ground. Traditional sectors such as shipping, food, plastics, and steel saw gains, while AI-related stocks like Quanta, Wistron, and Hon Hai also attracted buying interest, helping the index hold above 20,500 points at the close.
In terms of major stocks, TSMC fell by 1.92% to close at NT$920; Hon Hai increased by 2.46% to NT$146; and Wistron surged by 5.31% to NT$109. Shipping stocks such as Evergreen, Yang Ming, and Wan Hai performed strongly, especially airline stocks. Evergreen rose by 1.21% to NT$209, Yang Ming went up 1.14% to NT$71.2, and Wan Hai increased by 2.15% to NT$85.7. Taiwan Tigerair hit the ceiling price at NT$103.5, marking a new all-time high.
Overall, 729 companies gained, including 11 hitting the ceiling price; 256 companies declined with no companies hitting the bottom limit. Sectors such as automotive, shipping, information services, and computer peripherals showed strong performances, with automotive up 2.53%, shipping up 2.26%, information services up 2.45%, and computer peripherals up 2.42%.
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