Taiwan Stocks Surge 901 Points to Record High, Up 2,822 Points in 4-Day Winning Streak
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Taiwan's stock market surged on June 3, driven by a 5.87% jump in the Philadelphia Semiconductor Index. Led by TSMC, the Taiex index closed at a record 46,459.16, up 901.85 points (1.98%), with trading volume reaching NT$1.450877 trillion. The market has risen for four consecutive sessions, accumulating a gain of 2,822 points. Analysts noted that after the Computex Taipei exhibition, attention next week should focus on macroeconomic factors such as the US CPI and potential interest rate hikes by the Bank of Japan.