MediaTek and ABF carrier boards surged, and the Taiwan stock index rose more than 550 points
Quick Look
- Taiwanese stocks opened higher on Friday, led by high-priced stocks such as wafer duo, MediaTek, Delta Electronics, and Taiwan Optoelectronics, and supported by semiconductor chips.
- The index opened higher and rose by more than 550 points during the session, heading towards 42,000 points.
- The market hopes that the conflict in the Middle East will be resolved, and U.S. stocks closed at a record high on Thursday.
AI-generated summary
MediaTek and ABF carrier boards surged, and the index rose by more than 550 points. (File photo)
[Financial Channel/Comprehensive Report] Investors are evaluating the diplomatic efforts of the United States and Iran to reach a Middle East peace agreement. The four major U.S. stock indexes all closed in the red on Thursday. After the Asian stock market surged on Thursday, the party continued on Friday. The Nikkei opened higher, soaring more than 1,100 points, while Korean stocks continued to rise by nearly 1% in early trading. Taiwanese stocks led the gains in wafer duo, and the index opened up 79.71 points, opening at 41,447.92 points.
Leading the way in high-priced stocks such as semiconductors, MediaTek, Delta, Taiwan Optoelectronics, and electronic stocks such as memory, ABF carrier boards, low-orbit satellites, silicon intellectual property, AI, silicon photonics, and optoelectronics, the index opened higher, rising 559 points to 41,927 points, heading towards 42,000.
As the market hopes for a resolution to the conflict in the Middle East, U.S. stocks closed at a record high on Thursday, with the Dow Jones Industrial Average rising 276.31 points, or 0.55%, to close at 50,285.66 points, setting a record. The S&P 500 Index rose 0.17%, the Nasdaq Index rose 0.09%, the Philadelphia Semiconductor Index rose 1.28%, and TSMC ADR rose 1.38% to close at $407.15.
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