Driven by the collective optimism of U.S. stock indices, the Taiwan stock market showed a strong performance today. During the trading session, the index steadily advanced, with a peak moment surpassing 28,100 points. Compared to the opening, it surged over 470 points, indicating very active buying interest. More than 24 stocks hit the daily limit-up, and trading volume remained lively, reflecting a clear bullish market trend.
Blue-chip stocks led the steady market, with Taiwan Semiconductor Manufacturing Company (TSMC) and Hon Hai Precision Industry (Foxconn) acting as the main support for the index.
As market sentiment indicators, TSMC (2330) opened higher and continued to rise today, reaching a high of 1,470 NT dollars during the session, an increase of nearly 2.8%, significantly contributing to the overall market. Hon Hai (2317) also steadily climbed, with an intraday gain of about 1.8%. The two major blue chips jointly supported the fundamental stability of the index.
It is worth noting that MediaTek (2454) experienced a decline after opening higher today, turning from red to black during the session, with a drop of over 1% at one point. This phenomenon reflects active rotation of funds among electronic stocks and