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

Inspired by the high closing of US stocks, Taiwan stocks rose more than 140 points during today’s session, led by electronics stocks such as TSMC, which 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 around 14,895 points.

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

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

Taiwan’s weighted stock index 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 86.98 points to 14,894.41 points, or 0.59%, with a turnover of NT$18.

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

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

(Editor-in-Chief: Zhuang Yanyu)

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