Reported about 1 year ago
On July 5, 2024, the Taiwan stock market continued to rise with a 0.14% increase, led by the financial sector which gained 0.3% and outperformed the market. The financial sector index reached a new high after 34 years and 2 months, showing a six-day consecutive gain of 4.34%, with major stocks like Cathay Financial Holding breaking the 40 NT dollar mark. Among others, Mega Financial Holding, E.Sun Financial, and Chinatrust Financial all saw gains, indicating a positive trend in the sector. Analysts are monitoring the financial stocks closely, expecting continued growth if earnings announcements surpass expectations.
Source: YAHOO