Taiwan Futures Index Widening Discount

Reported 12 months ago

Element Futures pointed out on July 1, 2024, that the Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX) continued to fluctuate at a high level, with multiple individual stocks hitting their daily price limit, indicating ample market liquidity. Despite undergoing slight corrections, the index ended the day with a 26-point increase at 23,058 points, while the Taiwan Futures Index rose by 11 points to 22,991 points, with a widening discount of 67.57 points. This is attributed to the decreased net short positions held by major institutional investors and the generally neutral options market sentiment.

Source: YAHOO

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