Taiwan Stock Market Surges by 845 Points, Second Largest Increase in History
The Taiwan stock market closed today with a surge of 845.71 points, finishing at 19639.14 points, marking the second-largest increase in history, with a rise of 4.5%. Influenced by Trump's goodwill towards China and signals from the Federal Reserve, all four major U.S. indices rose sharply, leading Taiwan's stock market to begin the day with a jump of 370.18 points. Key electronic stocks such as TSMC, MediaTek, and Hon Hai continued to climb.
Today's trading volume reached NT$269 billion. TSMC's ADR rose by 2.39% in the previous trading session, closing at $151.4. TSMC (2330) rose by NT$45 during the day, with a maximum rise of 5.51%, reaching NT$861, and finally closing at NT$873, a gain of 6.98%. Other major stocks also posted gains of over 4%.
However, the only declining sector today was rubber, which fell by 0.27%.
