Taiwan stocks rose more than 100 points in early trading, breaking through 14900 points and standing on the last quarter line

Inspired by the high closing of U.S. stocks, Taiwan stocks rose more than 140 points during the session today, led by electronics stocks such as TSMC, and exceeded 14,900 points, but financial stocks continued to weaken. However, the selling pressure in the second half showed that the index rally converged and ended at 14,894 points, up 86 points, 14,900 points and the quarterly line of about 14,895 points.

Taiwan stocks rose more than 100 points in early trading.  (file photo)

Taiwan stocks rose more than 100 points in early trading. (file photo)

The weighted index of Taiwan stocks opened at 14,895.87 points, with an intraday high of 14,949.56 points and a low of 14,856.98 points. It closed up 86.98 points to 14,894.41 points, or 0.59%, with a turnover of NT$182.438 billion.

The weighted stock TSMC closed at 493 yuan and returned to the quarterly line, up 6.5 yuan; Largan dropped 1%, fell below the 2,000 yuan level, and closed at 1,980 yuan. Steel stocks turned red in late trading, with Sinosteel rising 0.34 percent to close at 29.8 yuan.

Eight major stocks rose and fell: mud kiln stocks rose 0.39%, food stocks rose 0.56%, plastics stocks rose 0.41%, textile stocks rose 0.67%, mechanical and electrical stocks rose 0.85%, papermaking stocks rose 0.75%, construction stocks rose 0.19% , financial stocks fell 0.36%.

(Editor-in-Chief: Zhuang Yanyu)

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