Reported 8 months ago
Taiex hit a record high of 22,567 points during trading on June 17th, supported by local institutional investors, but later turned negative due to profit-taking pressure, closing at 22,496 points with a minor drop. The OTC index closed in the green, driven by hot quarter-end trading activities from institutional investors. A total of 127 listed stocks reached new closing highs this year, with small and medium-sized stocks being favored. Various industry experts pointed out the strength of sectors like biotech, optoelectronics, green energy, and tech giants, leading the market to intraday highs. Short-term trading focuses on sectors like semiconductor-related stocks, tech giants, industrial electronics, green energy, shipping containers, Olympic concept stocks, etc. Additionally, major companies like Quanta are expanding production, Taiwan Mobile is investing more in the US market, and Far EasTone is active in overseas transactions.
Source: YAHOO