Reported 8 months ago
According to analysts, the Taiwan stock market closed at a historic high of 22,504 points with expectations to reach 23,000 points, supported by factors such as anticipation of Fed rate cuts, the strong performance of TSMC, potential price comparison effects, and stable institutional buying. Experts believe in the positive impact of factors like low US CPI leading to rate cut expectations, record high US stock indices, TSMC's close reach to a key price milestone, and significant institutional buying to support a bullish market trend. The focus is on the semiconductor supply chain, Apple concept stocks, optoelectronics, heavy electronics, shipping, and biotech sectors for potential rotation and growth.
Source: YAHOO