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Asian Market Updates

Win Streak May Continue For Taiwan Stock Market

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Taiwan stock market has moved higher in four straight sessions, gathering more than 625 points or 2.8 percent along the way. The Taiwan Stock Exchange now rests just above the 23,400-point plateau and it may add to its winnings on Friday.

The global forecast is positive after the Federal Reserve cut its benchmark lending rate by 25 basis points. The European and U.S. markets were mostly higher and the Asian bourses are expected to follow that lead.

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