Reported about 1 year ago
Following the Dragon Boat Festival, short-term gains led to selling pressure in the Taiwan stock market. Despite historical data showing a decrease in post-holiday upward trends, this year the market is supported by four major factors. While short-term fluctuations may occur, the mid-to-long term trend remains upward, with the index expected to be supported between 22,500 to 21,493 points. Positive factors include NVIDIA's stock split, Apple's upcoming WWDC focusing on AI integration, TSMC's record-high revenue, and market reactions influencing interest rate cuts.
Source: YAHOO