The Taiwan stock market reopened due to the beauty of the Taiwan style. Two days later (July 26), the market was reopened. Due to the fall of the US technology stocks, the Taiwan stock market fell.Fall more than 5%.
Comprehensive China Times News Network and Taiwan Industry and Commerce reported that the Taiwan stock market's weighted index fell on Friday, fell 900 points, once fell below the 22,000 mark, and gradually stabilized.TSMC's stock price fell more than 5.6%to 925 yuan (NT $ 38.3), and MediaTek fell 5.4%to 1205 yuan.
Some analysts pointed out that Taiwan stocks performed weakly on Wednesday (24), Thursday (25th) during vacations, Dow Jones Industrial Index, S & P 500 and Nasdaq's index fell, and the two major technologyThe stock price of the stock Google and Tesla's financial report showed weak performance. The overall situation of technology stocks showed a downward trend. In addition, the US President Biden announced his withdrawal, which brought uncertainty to the US election and also affected investor behavior.
Trump, a presidential candidate for the United States, said last week that he named Taiwan " should pay US defense costs ".TSMC, the world's largest chip manufacturer in Taiwan, fell 2%last Wednesday (17th).