Newsletter

Taiwan stocks rose 28 points at the end and stood firm at 18,600 points. TSMC fell 5 yuan | Securities | Central News Agency CNA

2024/2/19 14:32 (updated at 2/19 14:43)

Schematic diagram. (CNA file photo)

(Central News Agency reporter Lai Yanxi, Taipei, 19th) Taiwan stocks opened lower today, hitting 18561.04 points in early trading. Buying momentum entered the market during the session, causing the index to rise by 28.55 points to close at 18635.80 points. On the market, TSMC and AI artificial intelligence groups stalled, and funds turned to finance, steel and other groups.

Taiwan stocks opened lower and moved higher today and ended up rising 28.55 points to close at 18,635.80 points, an increase of 0.15%, with a transaction value of NT$367.482 billion.

Electronics stocks stalled today, with value stock TSMC falling 5 yuan to close at 678 yuan, a drop of 0.73%; MediaTek falling 7 yuan to close at 963 yuan, a drop of 0.72%; AI index stocks were exhausted, with Gigabyte and Qihong ending respectively. Down 3.81%, 4.71%.

Super Micro Computer, a major American server manufacturer, fell nearly 20% last week, causing the concept stock Leadtek to hit its daily limit of 102.5 yuan at the opening. However, buying momentum emerged in the late trading, prompting Leadtek to rebound and close at 123.5 yuan. , up 10 yuan, or 8.81%.

Groups favored by funds on the market include finance, steel, electrical machinery, electrical machinery, electrical cables and other stocks, which ended up rising by 0.98%, 1.44%, 1.84% and 1.12% respectively.

Huang Wenqing, deputy general manager of Taishin Investment Consulting, analyzed in a telephone interview with Central News Agency that the Taiwan stock market fluctuated at a high level today, and it was observed that funds were shifting from AI strong stocks to small and medium-sized stocks that were lagging behind to make up for the gains, which showed that AI concept stocks were rising before and after the Lunar New Year. The growth rate has an overheating trend, and it has entered a pullback in the short term, waiting for NVIDIA and other major manufacturers to announce financial reports and outlook, adding momentum to medium and long-term development. (Editors: Yang Lanxuan, Yang Kaixiang) 1130219

Central News Agency “First-hand News” app

The text, pictures and videos on this website may not be reproduced, publicly broadcast or publicly transmitted and used without authorization.