Reported 7 months ago
Yahoo Finance Market Updates as of June 14, 2024, 7:05 AM: This week's key points in the Taiwan Stock Exchange (TWSE) included expert analysis on the FED interest rate meeting aligning with market expectations, Booming demand for AI benefiting Broadcom, Apple showcasing AI applications at WWDC, and updates on heavy electrical stocks. Additionally, the central bank kept policy rates steady but raised the reserve requirements for New Taiwan Dollar deposits, adjusted mortgage ratios, and raised Taiwan's full-year economic growth forecast to 3.77%. TSMC saw its stock price hit new highs post dividend distribution and ADR listing, while Foxconn surged on foreign buying interest.
Source: YAHOO