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Taiwan Stock Market Due For Profit Taking

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

The Taiwan stock market has tracked higher in five straight sessions, advancing more than 1,550 points or 4.9 percent along the way. Now at a fresh record closing high, the Taiwan Stock Exchange sits just above the 32,800-point plateau although investors figure to lock in gains on Thursday.

The global forecast for the Asian markets is soft amid geopolitical concerns, although support from gold and oil figure to limit the downside. The European markets were down and the U.S. bourses were mixed and flat and the Asian markets figure to split the difference.

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