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Asian Market Updates

Rally May Stall For Taiwan Stock Market

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

The Taiwan stock market has moved higher in five consecutive sessions, rallying more than 1,630 points or 6.4 percent along the way. The Taiwan Stock Exchange now sits just above the 27,210-point plateau although it may run out of steam on Wednesday.

The global forecast for the Asian markets is soft, with profit taking expected especially among the technology shares. The European markets were flat and the U.S. bourses were down and the Asian markets figure to follow the latter lead.

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