Live broadcast/Taiwan stocks soared 241 points in early trading and returned to Wanqi

The prolonged war between Russia and Ukraine, coupled with the announcement by the United Kingdom and the United States to ban Russian oil imports, most of the US stocks continued to fall, but Taiwan stocks opened sharply and rebounded today, reaching a maximum of 17066.39 points, a sharp increase of 241.14 points, and regaining the Wanqi mark.

Taiwan stocks rose 241 points in early trading and returned to Wanqi. (schematic)

Shipping, steel, plastics and other traditional production stocks led the charge. The three container giants, Evergreen, Yangming, Wanhai, and the shipping twins, Evergreen and China Airlines, rose more than 3% in early trading; electronics stocks UMC, ASE Investment Holdings, and ABF Carrier Board South Electric, Jingshuo and Xinxing went strong.

The legal person pointed out that the United Kingdom and the United States have imposed a new wave of economic sanctions on Russia, the Ukrainian-Russian war and inflation continue to disrupt the global financial market, European and American stock markets continue to fall, and foreign capital in Taiwan stocks has sold more than NT$100 billion for two consecutive weeks. , In the short-term, it is recommended to wait and see, operate conservatively, and wait for the Taiwan stock market to stand on the 5th line before there is a chance to rebound, but still pay attention to the back pressure of the annual line.

Wafer foundry TSMC (2330) American Depositary Receipt (ADR) rose to US$100. Today, the stock price stopped falling and rebounded simultaneously. It reached NT$570 in early trading, up 7 yuan, and its market value increased by 181.5 billion yuan.

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(Editor-in-Chief: Zhuang Yanyu)

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