Taiwan Stock Market Optimistic, 20 'Thousand Catty Gold' Coming

Reported 12 months ago

On July 3, 2024, financial analysts are optimistic about the Taiwan stock market reaching a milestone of 20 'thousand catty gold' soon, with high-priced stocks expected to attract investments. With recent bullish trends spurred by dovish comments from the Federal Reserve Chairman Powell, stocks like ASE-KY, Material-KY, TSMC, and Foxconn approaching 900 NT dollars may soon hit the 'thousand catty gold' mark, boosting market confidence. The article also mentions upcoming key events influencing market trends and highlights the positive outlook for AI and heavy electric industries in the second half of the year.

Source: YAHOO

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