Reported 10 months ago
Following a high of 21,970 points last week, the Taiwan stock market is attempting to break through the 22,000-point mark this week. Market analysts are closely monitoring five main areas this week including WWDC, May revenue of listed companies, TSMC ex-dividend, major shareholders' meetings in the finance and AI industries, and NVIDIA stock split. They predict the index will fluctuate between 21,500 and 22,500 points by the end of June, noting positive reactions in both US and Taiwan stocks to recent financial reports and anticipating market volatility before the FOMC meeting. TSMC ADR hit a record high, with Taiwan stocks expected to jump towards 22,000 points. The five key focus areas this week include WWDC, May revenue announcements, ex-dividends, major shareholder meetings, and the NVIDIA stock split.
Source: YAHOO