Taiwan Stock Market Shakes as TSMC's Rally Pauses, Analyst Huang Wenqing: Confidence in Taiwan Stocks Strong

Reported 8 months ago

TSMC's ADR continued to rise, but the Taiwan stock market opened lower on June 20, fluctuating between 23100 and 23300 points. Huang Wenqing from Taiwan New Investment Consulting expressed that although there was a pullback after a rise, confidence in Taiwan stocks remains high with a strong bullish trend. He mentioned the possibility of further upward movement due to an active AI sector and positive policy impacts on industrial stocks. Investors are advised to monitor trading volume for signs of instability.

Source: YAHOO

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