Taiwan stock market index fell more than 1,200 points and fell below the 42,000 level
Quick Look
- Taiwan stocks opened slightly lower on Thursday (5th), opening at 42666.13 points, a drop of 282.78 points.
- The intraday decline expanded, and it once fell 1284.71 points to 41664.20 points.
- TSMC, MediaTek, Hon Hai and other weight stocks opened lower.
AI-generated summary
Why It Matters
The victory of the Democratic Party in the U.S. midterm elections has eliminated the uncertainty that has enveloped Wall Street, but investors are worried that the Democratic victory will increase obstacles and restrictions on the construction of data centers.
Taiwan stocks opened slightly lower on Thursday (5th), opening at 42666.13 points, down 282.78 points. (File photo)
[Financial Channel/Comprehensive Report] The victory of the Democratic Party in the U.S. midterm elections has eliminated the uncertainty that has enveloped Wall Street. However, investors are also worried that the Democratic victory will increase resistance and restrictions on the construction of data centers. As a result, only the Philadelphia Semiconductor Index fell lower among the four major U.S. stock indexes on Wednesday (4th). Taiwan stocks opened slightly lower on Thursday (5th), opening at 42,666.13 points, a drop of 282.78 points. The intraday decline expanded, and it once fell 1,284.71 points to 41,664.20 points.
As for major value stocks, TSMC opened down 10 yuan to 2,250 yuan and hit an intraday low of 2,240 yuan; MediaTek opened down 115 yuan to 3,600 yuan, with an intraday low of 3,495 yuan; Hon Hai opened down 1 yuan to 239 yuan, with an intraday low of 235.5 yuan.
Open Questions
- What is the final closing point of Taiwan stocks after the market opens?
- What will be the subsequent impact of the Democratic Party’s victory on Taiwan stocks?
