Reported 12 months ago
After the Taiwan stock market surged to a new high of 23,406 points on June 29, 2024, short-term adjustments were observed. Investment experts suggest maintaining the overall bullish structure, as the economic cycle is on an upward trend with Taiwan's stock market benefiting from the AI growth wave. While short-term fluctuations are expected due to rebalancing trades and market volatility, the fundamental strength of the market remains solid, especially in the semiconductor industry. Factors such as growing industrial production, strong orders, and increasing AI opportunities indicate a positive economic outlook, presenting a favorable investment atmosphere during market consolidation. Amid expectations of continued growth in industrial production and market liquidity, with a focus on sectors like green energy, electronics, and AI-related industries, the market is poised for sustained stability and vibrancy in the short term.
Source: YAHOO