Taiwan Stock Market Hits 24000 Threshold! US Election Risk Leads to Tech Stocks as Safe Haven

Reported about 1 year ago

On July 8, 2024, the Taiwan stock market surged above the 24000-point mark. Due to the risk of the US election, large-cap technology stocks have become a safe haven for funds. Despite possible fluctuations, a generally optimistic outlook was seen during shareholder meetings, AI topics continue to grow, and the outlook for the second half of the year seems positive with the recovery of the economy and ample funds. Various industry sectors, including Taiwan's strong tech industry chain, are expected to benefit, especially in the field of AI development.

Source: YAHOO

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