Financial Stocks Stabilize Taiwan Index Amid Declines

Reported 3 months ago

On July 17, 2024, Taiwan's stock market fell by 0.94%, but financial stocks managed to stabilize, leading to a slight overall decline of 0.47% with the index closing at 2,120.71 points. Nine financial stocks including An Tai Bank and Yuanta Financial showed gains despite the market's drop. Analysts expect these stocks to continue fluctuating with the market but anticipate a recovery in capital flow towards fundamentally strong financial stocks once the current correction phase concludes.

Source: YAHOO

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