Reported 9 months ago
Taiwan futures rose 125 points on June 26, closing at 22,872 points. As the Taiwan Stock Exchange faced options expiration, the index initially rose with TSMC's performance but faced selling pressure after breaking through 23,000 points. Foreign investors increased their net short positions on Taiwan futures, with the top ten traders reducing net short positions for the month. The options market showed an increase in put/call ratio, while VIX index rose slightly. Overall, the market remained neutral with strong performances in tech stocks. The market outlook suggests a consolidation phase unless TSMC breaks through previous highs.
Source: YAHOO