Reported 5 months ago
In the face of a sharp decline in the electronic sector, Taiwan's financial stocks stepped up to stabilize the market, with Yushan Financial breaking the NT$30 mark and reaching a 24-month high. Tai Enterprise Bank also performed strongly, supported by significant buy orders from state-owned financial institutions. A total of 22 financial stocks showed gains, providing a much-needed safe haven amidst the volatility caused by plunging US tech stocks.
Source: YAHOO