Reported about 1 year ago
The Taiwan stock market is thriving as the weighted index hit a new milestone of 22,000 points, with no limit in sight, and reaching a record high of 21,937 points in May. Major brokerage firms like Yuanta Securities, Grand Cathay Securities, KGI Securities, etc., saw their profits double in May compared to April, with total monthly profits increasing by over 20%. With the bullish market and increased trading volumes, brokerage firms have experienced significant profit growth, with most of the 21 major firms showing profit increases and only a few incurring losses in May. This strong market performance is expected to sustain high profits for brokerage firms in the foreseeable future.
Source: YAHOO