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Taiex rally continues with TSMC hitting record NT$981

Taiex rally continues with TSMC hitting record NT$981

2024-06-19

Taiwan shares soared 452 points to 23,209 on Wednesday, setting another all-time high. Gains were largely driven by AI. TSMC jumped to a record NT$981, lifting its market value to NT$25 trillion. So far this year, the chipmaker’s stock has risen by 70%. Market analysts weigh in on the rally:

David Chu
Hua Nan Securities Investment Management Co.
TSMC, Hon Hai, and companies like MediaTek – their stock prices went up 2% to 3%, driving today’s massive rally. TSMC is slowly but surely approaching NT$1,000. Once it gets past that, we’ll see if its momentum slows down.

Rico Fan
Capital Investment Management Corp.
From the perspective of traditional technical analysis, it might seem that the market is at a peak. But because large-cap stocks are driving the gains, we don’t need to worry that the market is being irrational or that it has overshot.

Hon Hai closed at NT$203, reaching a 16-year high. MediaTek closed at NT$1,485. According to analysts, tech stocks have more room to run, meaning that there could be more highs to come for the Taiex.

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台股大漲452點收23209 台積電衝上981元新天價

2024-06-19

台股延續多頭格局,終場大漲452點,以2萬3209點坐收,再度寫下台股歷史新高。其中 AI題材持續發酵,護國神山台積電股價大漲38塊,來到981元新天價,不僅市值衝上25兆,今年以來股價已經上漲七成之多!

[[華南投顧董事長 儲祥生]]
“台積電、鴻海另外像聯發科,股價大概都漲到2%到3%,所以造成今天股市大漲,像台積電慢慢會接近一千塊錢,到了一千塊錢以上,看一下它漲勢會不會,稍微暫歇一下”

[[群益投顧總經理 范振鴻]]
“從傳統技術分析的角度來講,可能會覺得它是一個高點,可是實際上,因為它基本上都是大型權值股在推的,所以它也沒有所謂的亂漲、過了的問題。”

鴻海股價寫下16年新高,收在203元,聯發科收1485元。分析師認為在台積電的帶動之下,台股可望再創新高峰。

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