Taiwan stocks fell in early trading. (Schematic diagram/ Zhongshi electronic newsletter information photo)
Taiwan stocks fell by more than 120 points in early trading today (29), and the lowest reached about 14041 points.
TSMC’s ADR fell 1.7% on Wednesday, closed black for four consecutive trading days, and closed at US$73.06. Taiwan’s spot stocks performed weakly, falling 8 yuan (TWD, the same below) to 443 yuan in early trading, smashing the investment of stock god Buffett The price of 450 yuan (commonly known as the Buffett line of defense). UMC fell nearly 1%, facing the 40 yuan checkpoint defense battle.
Berkshire, under the leadership of Warren Buffett, revealed in mid-November that he bought TSMC’s ADRs in the third quarter. The outside world estimates that the purchase price will fall in the range of 450 to 462 yuan. The legal person believes that if TSMC loses its “Buffett’s line of defense”, it may affect the popularity of bulls , which in turn affects the performance of Taiwan stocks.
The Dow Jones Industrial Average fell 365.85 points, or 1.10%, to close at 32875.71 points. The Standard & Poor's 500 Index fell 46.03 points, or 1.20%, to close at 3783.22 points. The Nasdaq index fell 139.94 points, or 1.35%, to close at 10213.29 points. Philadelphia Semiconductor Index fell 36.67 points, or 1.47%, to close at 2453.49 points. (China Times News Network)
