Reported 9 months ago
Since the Dragon Boat Festival on June 27, 2024, 172 small and medium cap stocks have reached historical highs, influencing the performance of related funds. Despite a pullback after hitting a high on the 20th, the stock market maintained its position around the 10-day moving average due to a strong bullish trend, with many stock prices hitting new highs. In comparison to large-cap stocks, small and medium cap stocks have shown remarkable performance, with 172 stocks hitting new highs. Small and medium cap Taiwan stock funds have outperformed general equity funds both in the second quarter and year-to-date, with some funds showing over 10% growth, such as PGIM Pruksa's Small Cap Stock Fund, Fubon Elite Small Cap Fund, and Cathay Small and Medium Growth Fund.
Source: YAHOO