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Taiwan Stock Market May Test Resistance At 28,000 Points

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

The Taiwan stock market on Friday snapped the four-day losing streak in which it had tumbled more than 730 points or 2.7 percent. The Taiwan Stock Exchange now sits just beneath the 27,700-point plateau and it figures to open to the upside again on Monday.

The global forecast for the Asian markets is positive, with technology and oil stocks expected to lead the markets higher. The European and U.S. markets were up and the Asian bourses are expected to follow that lead.

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Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.

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