Asian Market Updates

Soft Start Predicted For Taiwan Stock Market

The Taiwan stock market on Monday ended the four-day losing streak in which it had stumbled more than 565 points or 2.7 percent. The Taiwan Stock Exchange now rests just above the 22,965-point plateau although it's likely to open under water again on Tuesday.

The global forecast for the Asian markets is flat to lower ahead of the U.S. presidential election and the Federal Reserve rate decision this week. The European and U.S. markets were down and the Asian bourses are tipped to open in similar fashion.

The TSE finished modestly higher on Monday following gains from the financial shares and technology stocks.

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by RTTNews Staff Writer

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