Reported 12 months ago
Despite significant fluctuations in July, the Taiwan stock market is predicted to remain resilient in the third quarter with support from the upcoming peak season for electronics, strong long-term demand for AI, and the Fed's expected interest rate cuts in the latter half of the year. Nomura Asset Management emphasizes a bullish market sentiment backed by positive fundamentals, industry trends, and capital flow, with a focus on sectors such as semiconductors, high-speed computing, servers, AI applications, power electronics, and green energy. The company anticipates continued growth driven by AI and technological advancements, particularly in the electronics industry. Additionally, Nomura is optimistic about industrial sectors like power electronics and green energy, as major US tech companies planning to establish operations in Taiwan are poised to boost local demand. The market outlook is positive, buoyed by the expanding AI trend and strong performance in the fundamental, industrial, and financial aspects of Taiwan's stock market.
Source: YAHOO