Taiwan Stock Market: Holding Strong at 23,000 in Q2! Looking for Reversal in Q3 with Key Index and ETF DCA Strategy

Reported about 1 year ago

The Taiwan stock market saw a surprising increase of 2,737.8 points in Q2, reaching the milestone of 23,000 points. As the market may face increased volatility in the second half of the year, investors are advised to monitor the 10-day moving average for signs of reversal. Investment professionals suggest adopting a Dollar-Cost Averaging strategy with ETFs using the 5/10 rule, where buying is triggered at 5% and 10% price reductions. The performance of various ETFs in the market is highlighted, with a focus on dividend-yielding ETFs. Furthermore, insights are provided on the semiconductor industry's growth prospects for 2024 to 2026 and the potential impact of dividend distributions on stock prices in Q3.

Source: YAHOO

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