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Taiwan Stocks Hit Record High on AI Hype; NT Dollar Closes at 31.44

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Driven by the COMPUTEX trade show and AI enthusiasm, Taiwan's stock market closed at a new record high on June 3, rising 901.85 points to 46,459.16. The New Taiwan Dollar closed at NT$31.44 against the US dollar, appreciating by 0.5 fen. Foreign investors net bought NT$43.396 billion, marking a fourth consecutive day of net buying. Forex traders expect the NT dollar to fluctuate between NT$31.4 and NT$31.6 in the short term.

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