Stock market news: Taiwan Semiconductor, Hon Hai, and MediaTek lead declines as high-volume stocks fall – Business Upturn Asia
semiconductor

Stock market news: Taiwan Semiconductor, Hon Hai, and MediaTek lead declines as high-volume stocks fall – Business Upturn Asia

At 11:24 am TST on Friday, 28 February 2025, Taiwan’s most actively traded stocks saw a broad decline, reflecting weakened investor sentiment.

Taiwan Semiconductor Manufacturing Co. (TSMC), the most traded stock, dropped 1.89% to 1,040 TWD, while MediaTek Inc. suffered the sharpest fall, losing 2.88% to 1,515 TWD.

Other major stocks followed a downward trend, with Hon Hai Precision Industry (Foxconn) plunging 3.60% to 174.0 TWD, and Lotes Co. Ltd. shedding 3.50% to 1,655 TWD.

Asia Optical Co. Inc. also fell 3.10%, continuing the negative momentum among high-volume stocks.

Elite Material Co. recorded a more modest decline, slipping 0.16% to 632 TWD, but remained in negative territory.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research before making any financial decisions.

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