Taiwan Stock Market Optimistic Targeting 25,000 Points

Reported 8 months ago

On June 19, 2024, at 4:10 PM, Yuanta Securities and KGI, two major investment consultancies, expressed optimism for the Taiwan stock market in the third quarter, foreseeing continued growth driven by AI and leading stocks, pushing the index towards the significant milestone of 25,000 points. Both firms highlighted the influence of AI advancements and the strong performance of key stocks like TSMC, MediaTek, Hon Hai, and Quanta in boosting the index. Despite potential pullbacks, analysts remain positive on the market's bullish outlook.

Source: YAHOO

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