Reported 7 months ago
Taiwan's stock market saw a significant rise in June, with the index hitting 22,300 points and a 24.4% increase for the year, prompting retail investors to increase margin trading balances to NT$3.036 billion on the 12th and NT$3.043 billion on the 13th, marking one of the highest levels this year. Factors such as Nvidia and TSMC ADR soaring have led to continuous index increases, with both gaining to all-time highs. Experts predict a favorable reaction in the market due to lower than expected US CPI in May, the Fed keeping interest rates steady, and optimism towards further rate cuts in 2025, reflecting in historical highs for US and Taiwan stocks.
Source: YAHOO