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TSMC ADR Soars: Taiwanese Stocks Hit 20,000 Points on Wednesday

The offensive resumes! TSMC ADR rose more than 3%, and Taiwanese stocks hit 20,000 points directly on Wednesday (data picture)

Gao Jiajing/Copy Editor

[Sianel Ariannol/Adroddiad Cynhwysfawr]TSMC’s ADR offensive resumed.In just 2 trading days, the stock price plunged 12.29% from its peak, breaking through the $140 mark. On Tuesday, the opening stock price directly stood at the $144 mark, closing at $144.52 It opened, rising 3.95%, and the stock price once touched $144.93. Not only TSMC’s ADR soared, but Huida’s stock price also opened higher, opening 2.65% Under the counterattack of the two kings, Taiwan’s stock index will directly hit 20,000 points at the opening on Wednesday, challenging a total of 20,065 points.

TSMC ADR rose last Friday, reaching a sky-high price of $158.4, and then encountered sell orders. The stock price fell all the way, closing at $146.37, down 1.9%. It continued to sell on Monday, once touching $138.93 during the The price fell as much as 12.29% during the period, and ended down 5.02% at US$139.02, falling below the US$140 mark.

However, as TSMC’s stock price opened low and ended high on Tuesday, it ended up 4 yuan to close at 770 yuan. On Tuesday, the opening stock price of TSMC’s ADR directly stood at $144, opening at $144.52, an increase of 3.95%, and the stock price once touched $144.93. As of 9:39 ET, the stock price was $142.415, up 2.44%.

Not only did TSMC rebound sharply, Huida’s stock price also opened higher, opening at $880.52. The stock price hit a high of $882 in early trading, up 2.82% As of 9:40 EST, it was at $872.855, up 1.76%.

Taiwan stocks recovered on Tuesday after TSMC and the news of electricity and gold surged. The final index rose 188.47 points to close at 19,914.55 points. With the sudden rebound in TSMC ADR and Huida stock prices, Taiwan stocks will attack directly at 20,000 points on Wednesday’s opening, challenging the all-time high of 20,065 points. .

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