Central News Agency (Taipei, April 28) – Despite the S&P 500 and Nasdaq indexes hitting new highs in the US stock market, the ambiguous situation in the Middle East led to the Taiwan stock market opening down 84 points today. The Taiex fell to a low of 39531.93 points in early trading, as electronic and semiconductor indexes retreated, and funds shifted to financial and traditional industrial sectors. Subsequently, bargain-hunting buyers entered the market, causing the index to turn positive and rise by over 140 points, reaching 39757.46 points.
Leading stock TSMC fell to a low of NT$2230 in early trading, down NT$35 or 1.55%. Hon Hai rose over 1%, reaching a high of NT$232. Memory manufacturer Macronix turned profitable in the first quarter, and its stock price surged nearly 9% today, reaching a high of NT$157.5. (Edited by Zhang Junmao) 1150428
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- Source: CNA (Central News Agency)
- Category: Survey
- Dates in source: 1150428