Reported 12 months ago
Taiwan's stock market surged 200 points to return to 23,000, with Financial Supervisory Commission (FSC) Chairperson Huang Tung-chen noting two major variables affecting the market: the U.S. interest rate policy and the U.S. presidential election at year-end. Despite the uncertainty, the stock market fundamentals remain strong in terms of economic growth, economic indicators, and exports, providing positive support. The FSC will closely monitor market trends without making specific predictions, focusing on the soundness of the stock market system.
Source: YAHOO