Reported 7 months ago
Yahoo Yahoo Finance Stock Market Updated: June 14, 2024, 7:07 AM. Upcoming highlights for the week of 6/17 to 6/21 in the Taiwan stock market include a focus on the ongoing intensive period of shareholders' meetings and the need to pay attention to any related information released during these meetings for insights into companies' outlook for the second half and full year. Additionally, upcoming Federal Reserve officials' speeches will be crucial, particularly regarding their views on inflation and interest rates. Internationally, the US will release retail sales, industrial production, housing starts, and existing home sales data. Positive CPI data has recently driven US stocks to achieve new highs, and as expected, the Fed has maintained interest rates unchanged, with the dot plot indicating only one rate cut expected this year. Key economic data to be disclosed includes Taiwan's May export orders, which are anticipated to continue growing positively following April's surpassing of expectations with a 10.8% growth. China will publicize vital data such as fixed asset investment, unemployment rate, retail sales of consumer goods, and industrial value added where recent CPI and PPI data indicate ongoing deflationary pressures. Taiwan stock market focuses include future speeches by East Steel (2006) and Systex Industries (4566) on 6/17, Yongfeng Jin (2890), Ahsen (3088), Shengquan (3122), and Yangqin (2755) on 6/18, Hanxiang (2634) on 6/19, Amax-KY (6933) on 6/20, and Tenghui Electronics-KY (6672) on 6/21, with upcoming ex-dividend season for stocks such as TSMC (2330), Delta Electronics (2308), Lite-On (2385), and others. Also, multiple companies are set to hold shareholders' meetings and new listings are expected, like Yuyue-KY (6957) with the subscription deadline on 06/17 and draw on 06/19, and Aiyada (2486) with subscription deadline on 06/19 and draw on 06/21 at a subscription price of 72 RMB, among others.
Source: YAHOO