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Taiwan Stock Market May Test Support At 32,000 Points

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

The Taiwan stock market has moved lower in back-to-back trading days, sinking almost 750 points or 2.3 percent along the way. The Taiwan Stock Exchange now sits just above the 32,060-point plateau and it may extend its losses on Monday.

The global forecast for the Asian markets is murky, with any upside likely limited by inflation concerns and profit taking among oil stocks. The European markets were up and the U.S. bourses were down and the Asian markets figure to split the difference.

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