Reported 11 months ago
Yahoo Finance correspondent Chen Yimin reports that in the latest financial update from the Central Bank on June 24, 2024, Taiwan's stock market has been soaring with the securities margin trading balance surpassing 3.5 trillion NT dollars, marking a monthly increase of 179.9 billion NT dollars. In addition, the margin trading balance in May has surged to 409.5 billion NT dollars, reaching a new high since the financial crisis. The active trading and increased investor confidence are indicated by the rising stock prices and trading volume. Moreover, officials noted a rebound in M1B annual growth rate to 5.00% in May and a slight decrease in M2 annual growth rate to 6.04%, attributed to increased foreign securities investments by Taiwanese and net outflows of funds.
Source: YAHOO