Reported 12 months ago
Taiwan's stock market surged in the second quarter with an increase of 13.49%, contributing to a remarkable 28.45% rise in the first half of the year, second only to the Philadelphia Semiconductor Index. As the third quarter approaches, it is anticipated that over 290 billion funds from ex-dividend payments will be injected into the market. The market is being mainly driven by AI-related stocks, especially in the technology sector, with expectations for continued growth throughout the rest of the year. Despite a potential temporary slowdown, the outlook remains positive with the anticipation of increased AI application and continued fund inflow, making any index pullback a good opportunity to increase investment in Taiwan stocks.
Source: YAHOO