Reported 8 months ago
Following the impact of the quadruple witching in the US last Friday, with the S&P 500, Nasdaq, and semiconductor index all experiencing a pullback, the Taiwan Futures Index plummeted instantly upon news of the 'Taiwan independence punishment opinions' released by the Mainland Taiwan Affairs Office. However, industry experts predict that the Taiwan stock market will return to fundamental performance, benefiting from four positive factors this week: domestic institutional end-of-quarter settlements, Nvidia's shareholder meeting, policy views from US presidential candidates, and Micron's financial report. The market is expected to have a bullish trend with support around the 23,000-point mark, with potential upcoming events like Micron's financial report, Nvidia's shareholder meeting, and US presidential candidate debates shaping a neutral to bullish sentiment, backed by factors like the year-end settlements by investment firms.
Source: YAHOO