Bullish Momentum Continues as Small-Cap Stocks Take the Lead

Reported 3 months ago

On July 17, 2024, Taiwan's stock market faced turbulence at high levels, prompting a shift of funds towards small-cap stocks. The over-the-counter index rose against the trend, outperforming the weighted index. Analysts maintain that the overall bullish trend is ongoing, with expectations for small-cap stocks and undervalued groups to perform well, highlighting that buying interest is broadening beyond major stocks like TSMC and the AI sector. Key opportunities were noted in firms with capital under 4 billion, as various small-cap stocks saw increased attention and activity from institutional investors.

Source: YAHOO

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