Reported about 1 year ago
On the first trading day of July, the Taiwan stock market experienced fluctuations, with a rise of over 150 points at one point but turning negative after midday. The tech giants supported the market, leading to a slight increase of 26.3 points at the close. However, foreign investors turned sellers, withdrawing 6.5 billion Taiwan dollars, while the three major institutions collectively sold 4.395 billion. Market expectations suggest short-term gains with a positive mid-term outlook. Market sentiment shifts should be closely watched, with the PHYG index showing signs of optimism weakening, but the market still remains bullish overall.
Source: YAHOO