Reported 8 months ago
On June 24, 2024, Taiwan's stock market lost the 23,000 points mark, closing at a drop of 439 points at 22,813 points below the 5-day moving average, marking the largest drop among major Asian stocks. Despite the decline, Credit Suisse is optimistic about the profit outlook for Taiwanese companies in the next quarter and expects a new high at 23,915 points, reaching as high as 25,420 points, encouraging investors to board the '25K train'. The article also discusses the impact of AI products showcased at COMPUTEX, the selling off of major stocks by foreign investors, and various analysts' perspectives on the future performance of the Taiwan stock market.
Source: YAHOO