Reported about 1 year ago
On July 6, 2024, the Taiwanese stock market officially entered 'July,' with the focus on whether it can sustain the strong momentum from the first half of the year. The weighted index broke through 23,500 points and is expected to potentially reach 24,000 points in the third quarter, or even challenge 25,000 points. There are uncertainties related to the Fed's interest rate cuts and the US presidential election that investors need to watch out for. Small and medium-sized stocks are expected to perform well, with sectors like memory, power amplifiers, automotive electronics, and optoelectronics showing strength. Market experts highlight various investment variables for the third quarter, including congressional reform bills, Fed rate cuts, US election results, and policy proposals.
Source: YAHOO