Taiwan Stock Market Reopens Offensive! Breaks Through 21,900, Tech Stocks Lead the Rally

Reported 7 months ago

On June 12th, the Taiwan stock market reopened with a strong offensive, opening up a hundred points with a peak reaching 21,909 points. Tech stocks, particularly Apple concept stocks, performed strongly with TSMC rising 13 points to 896 points and Largan Precision surging over the daily limit. In the US, major indices showed more gains than losses with the Nasdaq hitting a new high. Market experts are monitoring US economic data and the Federal Reserve interest rate meeting, advising a balanced investment strategy in electronics, finance, and manufacturing sectors focusing on advanced semiconductor processes and technology concepts. However, for a new market uptrend, the market needs to surpass the 22,000 mark.

Source: YAHOO

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