Public Banks: Taiwan Stock Market Correction to Weed out Weak and Keep the Strong

Reported 8 months ago

After the market surged past 23,000 points, there was a short-term correction. Public banks pointed out that investors are becoming cautious at current high levels, with the quarter-end approaching. The strategy now is to focus on weeding out weaker investments and keeping the stronger ones. Despite a 1.89% drop on the 24th, financial stocks rose, indicating a strong stance and steady financial stocks' role in stabilizing the market during corrections.

Source: YAHOO

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