Taiwan stocks fell below 14,700 in early trading, hitting a swing low since the end of 2020

The four major U.S. stock indexes closed in the dark. Taiwan stocks opened weakly today, falling below the 14,800-point integer level, and the lowest fell below 14,700 points to 14,668.14 points, down 157 points, hitting a low since the end of 2020.

Taiwan stocks fell below 14,700 in early trading, hitting a swing low since the end of 2020.  (file photo)

Taiwan stocks fell below 14,700 in early trading, hitting a swing low since the end of 2020. (file photo)

The share price of TSMC, a major electronic weight stock, continued to break the bottom, reaching 467.5 yuan in early trading, down 8.5 yuan.

Hon Hai, Delta, and MediaTek were sorted under the flat market, UMC turned black, and ASE Investment and Control remained on the flat board; the container Sanxiong Evergreen, Yang Ming, and Wanhai Kaigao were volatile and turned black; Jin Holdings held on to the flat board.

The legal person said that the market is still worried about inflation and the accelerated tightening of the US Federal Reserve (Fed) recently. The four major US stock indexes closed in the black, and the Taiwan stock index continued to break the bottom. The technical aspect is quite weak, and investors are advised to operate cautiously and conservatively.

◤Inflationary pressure continues, gold continues to be bullish◢
Gold bullion is the best value for gold
Gold jewelry prices see a good time to start with 72% off
Gold/jewelry hot-selling list is in the process of resisting rising and falling
Miyue Gold Jewelry 72% off, choose this best gift as a gift

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.