Home » Business » Taiwan Stock Market Update: TSMC and AI Stocks Performance, U.S. Stock Indexes, and Sector Performance

Taiwan Stock Market Update: TSMC and AI Stocks Performance, U.S. Stock Indexes, and Sector Performance

[FTNN新聞網]Reporter Li Huiting/Comprehensive Report

Taiwan stocks took a break on the second (16th) day of the Year of the Dragon. They opened down 4.91 points to 18639.66 points. In the early trading, they once surged due to the focus on electrical machinery, papermaking and automobiles. However, the powerful TSMC continued to test downwards and showed strong performance yesterday. Wei’s AI stocks also had mixed gains and losses, causing the market to begin to decline, eventually falling 37.32 points, or 0.20%, to close at 18,607.25 points, with a transaction volume of 406.146 billion.

TSMC fell 14 yuan, AI stalled today, motors and automobiles performed well, and the Taiwan stock market fell 37 points to close at 18,607 points. (Schematic diagram/data photo)

Even though the latest retail sales data was weak, major U.S. stock indexes still rose on Thursday. Energy stocks and bank stocks led the Dow Jones to rebound nearly 350 points to close at 38,773.12 points; the S&P closed up 0.58% to 5,029 points, setting another record high; However, the fee ended with a small drop. In terms of individual stock performance, the top seven U.S. stocks generally fell, with Huida falling nearly 1.7%; Tesla rose more than 6%. In addition, TSMC ADR fell 0.19%; UMC ADR also fell 1.64%.

Due to the unfavorable closing of TSMC’s ADR, TSMC (2330) fell rapidly after opening at 697 yuan, and the market fell 4.91 points to 18,639.66 points. However, the entry of buying orders quickly supported the stock price, plus Delta Electronics (2308), Zhibang (2345) rose, supported by stocks such as electrical machinery, papermaking, automobiles and rubber. It immediately reached today’s highest of 18,715.69 points in early trading. However, as TSMC’s decline continued to intensify, electronics, computers, semiconductors and other stocks all fell, and the market also followed suit, reaching a low of 18,585.14 points and finally closing at 18,607.25 points, down 37.32 points or 0.20%.

Observing the trend of weight stocks, today’s gains were led by Delta Electronics (2308), which rose 2.46%, ASUS (2357), which rose 3.34%, Hotai Auto (2207), which rose 2.52%, Fubon Gold (2881), which rose 0.91%; Quanwang TSMC became a major loser, falling 14 yuan or 2% to close at 683 yuan. Others included Quanta (2382), which fell 6.75%, Wistron (3231), which fell 3.44%, and Wiwynn (6669), which fell 2.55%. .

Observing the trend of various stocks, AI concept stocks have mixed gains and losses. Creativity (3443) rose 4.11% to 1,520 yuan, Gigabyte (2376) rose 2.83% to 381 yuan, Delta Electronics rose 2.46% to 291.5 yuan, Lite-On Technology (2301) ) rose 1.38% to 110 yuan; Shixin-KY (3661) fell 5.53% to 4,185 yuan, and Faraday Future (3035) fell 2.97% to 13.5 yuan.

As for Leadtek (2465) and Huatai (2329), which are related to the AI ​​monster stock Supermicro, they both benefited from the fact that Supermicro soared above $1,000 for the first time on the 15th and closed at $1,004. Both levels were locked at the daily limit. dead, closing at 113.5 yuan and 77.40 yuan respectively.

Some electrical machinery stocks rose strongly, with Shidian (1503) closing at 137.5 yuan, ZTE (1513) rising 7.05%, Shangyin (2049) rising 5.48%, Lishan (1515) rising 4.43%, Layshi Green Energy (1529) ) rose, and Hwaseong (1519) rose 1.41%.

The automobile and papermaking groups also performed well today. Looking at the automobile sector first, Zhonghua (2204) rose 6.03%, Geng Ding (1524) rose 5.12%, Sanyang Industrial (2206), Liqing (3346), Pande Yongye (2247) ) both rose above 4%; in the papermaking sector, Hua Paper (1905) rose by 4.47%, Yongfengshi (6790) rose by 3.80%, Yongfengyu (1907) and Shizhi (1903) both rose by more than 2%.

More FTNN News Network reports
AI sprint “TSMC EFI 7 yuan, Wiwing soared 6%”! IC Design Multi-level daily limit Taiwan stocks rose 91 points to close at 18,059 points
Huacheng and Shidian surged to daily limit!TSMC regains its composure and “financial stocks support” Taiwan stocks rose 18 points to close at 17,910 points
Taiwan stocks surged 110 points and then became weak!Pulling back “TSMC up 4 yuan” during the session supported the final increase of 32 points to close at 17,450 points

See more related news
TSMC’s “add up or get off” operation trends revealed! Joeman reveals his “income status” and no longer hides it
TSMC’s New Year breaks with 7 prefix Xie Jinhe: Taiwan has found a new position in the Year of the Dragon
TSMC pulls back bulls on Taiwan stocks and stalls. Analysts are not pessimistic: the red envelope market is not over yet
TSMC’s skyrocketing price boosts “Zhuke’s new wealth power”, and nearby pre-sales have soared by 60% in 3 years
Powerful TSMC shuts down!Taiwan stock market turned negative in early trading, supported only by heavy electronics, glass, automobile and other traditional industry stocks

◤The first choice for fighting inflation is petty bourgeoisie alchemy◢
Gold price rises at 40% off, get two for one and save 10,000 yuan
Good luck in the Year of the Dragon, gold jewelry for this life, 12% off
The finishing touch, priced gold, choose this one to maintain your value.
Stunning Diamond Jewelry with 50% Off Valentine’s Day Recommendation Gift
Japanese and Korean drama heroines’ favorite platinum jewelry is 30% off

2024-02-16 07:52:30
#TSMC #dropped #yuan #stalls #Electric #machinery #automobiles #outstanding #Taiwan #stocks #fell #points #close #points

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.