Taiwan Stock Market Soars, June Foreign Exchange Reserves Hit 'Triple High'

Reported about 1 year ago

Under the expectation of a rate cut by the Fed and the driving force of AI themes, Taiwan, Japan, and South Korea stock markets led the global stock market to historic highs in five consecutive days. The MSCI AC World Index rose by 0.7%, creating a new high. Taiwan stock market hit a new intra-day high again, with TSMC leading the way. Furthermore, Taiwan's foreign exchange reserves in June also reached three historic highs, totaling $573.99 billion, showing the market's optimism.

Source: YAHOO

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