Local Investors Boost Market at Year-End

Reported 11 months ago

In the final two days of the accounting season, with strong support from local investors, the Taiwan stock market closed up 110 points or 0.48% at 22,986 points. The OTC market under local investor control had a greater increase of 1.06% compared to the centralized market. Market experts point out that local investors are boosting market sentiment through accounting activities, particularly in green energy and biotech stocks. Foreign selling pressure decreased, with institutional investors showing continued interest in Taiwanese stocks. Key areas of interest include the tech, biotech, and green energy sectors.

Source: YAHOO

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