Reported about 1 year ago
On June 25, 2024, the Taiwan stock market plunged 310 points to 22,503 points mid-day but saw a reversal by the end of the session, ending with a 62-point increase to 22,875 points due to the emergence of low buying support. This rebound was attributed to Apple reclaiming its position as the world's second-largest company, pushing Largan Precision to regain its top spot in the stock market. Notable figures in the market outlined five signals indicating the market bottoming out and rebounding. With various positive developments in the stock market, the focus is now on upcoming events such as the peak period for ex-dividend stocks, the final quarterly sprint, the Nvidia shareholders meeting, the U.S. presidential election debate, and the highly anticipated earnings season in July for U.S. stocks.
Source: YAHOO