Reported about 1 year ago
In the first trading day after the Dragon Boat Festival holiday, Taiwan stocks exceeded 22,000 points with index spurred by U.S. stocks hitting new highs. Analyst Weng Weijie noted the market as still cautious, with funds flowing into TSMC, impacting other stocks. Expectations for Apple WWDC fell short, especially in AI and PC upgrades, leading to market uncertainties. While the index is expected to continue rising, trading volume needs to increase to avoid fluctuations. Recommendations for investors include monitoring electronic and finance sectors closely while anticipating market responses to the upcoming CPI data and the Federal Reserve's interest rate meeting.
Source: YAHOO