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Taiwan Stock Market Rises by 198 Points, Stabilizing Above 20,000 with Active Thematic Stocks!

Taiwan Stock Market Rises by 198 Points, Stabilizing Above 20,000 with Active Thematic Stocks!

The Taiwan stock market continues its upward trend, rising by 198.22 points to close at 20,232.63 points, marking a gain of 0.99%. The early session remained buoyed by positive sentiment from the U.S. stock markets, leading to robust recoveries in both the weighted and OTC indices. TSMC saw a steady increase, closing at NT$902, up 0.55%, making it the highest traded stock of the day. Among small and mid-cap stocks, ZhiBang surged by NT$43 to close at NT$598, representing a substantial daily gain of 7.74%. Most of the electronic and semiconductor stocks exhibited good performance, indicating a rebound in market sentiment.