Reported 12 months ago
On July 17, 2024, statements by U.S. presidential candidate Donald Trump regarding Taiwan's semiconductor industry negatively impacted major Taiwanese stocks, leading to a 227-point drop in the weighted index to 23,769 points. Taiwan index futures fell 315 points to 23,679 points, resulting in a reverse price difference of 90.82 points. The net short positions held by institutional investors decreased, with foreign investors' net short positions down by 2,292 contracts. Despite a decrease in the VIX index, market expectations remain mixed ahead of potential rate cuts by the Fed amidst rising odds for Trump's election.
Source: YAHOO