Stock market news: Taiwan Semiconductor Manufacturing down 1.86%and MediaTek Inc. down 5.30% amid high-volume stocks – Business Upturn Asia
As of 12:53 PM on Thursday, 2 January 2025, in Taiwan, the stock market saw notable activity with several companies recording high trading volumes.
Taiwan Semiconductor Manufacturing experienced a decrease of 1.86%, trading at 1,055 TWD.
MediaTek Inc. also saw a decline, dropping by 5.30%, with shares valued at 1,340 TWD.
On the positive side, Luxnet Corporation gained 1.60%, trading at 191 TWD.
Alchip Technologies Limited recorded a decline of 5.18%, reaching a value of 3,110 TWD.
Chieftek Precision Co. Ltd. was another gainer, rising by 5.44% to 126 TWD.
Hon Hai Precision Industry saw a slight drop of 1.09%, with its stock priced at 182 TWD. Hon Hai Precision Industry is a Taiwanese multinational company known for its manufacturing services, particularly in electronics, and is a key supplier for major global tech brands.
Disclaimer: This is not financial advice. The stock market is subject to fluctuations, and past performance is not indicative of future results.