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Higher Open Called For Taiwan Stock Market

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

The Taiwan stock market on Monday wrote a finish to the four-day losing streak in which it had tumbled almost 700 points or 3.2 percent. The Taiwan Stock Exchange now rests just above the 22,730-point plateau although it's expected to see continued support on Tuesday.

The global forecast for the Asian markets suggests mild upside, supported by strength from the technology stocks. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference.

The TSE finished sharply higher on Monday following gains from the technology nd cement companies, while the financials and plastics were mixed.

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