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Sunday, 29 June 2025
Investing

Taiwan Shares May Bounce Higher Again On Friday

Taiwan Shares May Bounce Higher Again On Friday

The Taiwan Stock Exchange now sits under the 22,290-point plateau and can see renewed support on Friday.

Global forecast for Asian markets is a chicken amidst conflicting economic data, trade updates and geopolitical events. The European markets were below and the US Bork was slightly more and the Asian markets were figures to follow the latter lead.

The TSE on Thursday ended a slightly low on Thursday after the damage from technology shares and a mixed performance from financial shares and plastic companies.

For the day, the index fell to 182.28 points or 0.81 percent at 22,287.82 after trading between 22,253.64 and 22,390.17.

Among the activists, Cathe Financial took a dip of 0.16 per cent, while mega financially has 0.62 per cent, first financial perc, 0.18 per cent, fubon financial tank 2.89 per cent, Taiwan Semacist Manufacturing Company 1.88 per cent, 0.96 per cent to United Microelectronics Corporation, 0.96 per cent, 0.96 per cent, Including Larzen Prosecons, Larzen Procession was 0.42 percent, 2.28 percent, delta electronics lost 0.62 percent, Novatek Microelectronics 1.36 percent, Formosa Plastic 1.11 percent, Non YA Plastic 1.50 percent, Asia Cement Dax, Asia Cement, 0.81 percent and CTBC financial and CTBC financial and CTBC Financial and E -Financial Went.

The lead from Wall Street is carefully optimistic as the major average was opened on Thursday, at the end, finally the green.

Dow climbed 101.85 points or 0.24 percent to 42,967.62, while NASDAQ closed 46.61 points or 0.24 percent at 19,662.48 and S&P 500 23.02 points or 0.38 percent increased to 6,045.26.

The turnaround on Wall Street arrives when traders digest the latest US inflation figures, with a report of the Labor Department to increase the prices of producer less than expected in May.

The stock decreased in the first day due to uncertainty about trade amid lack of details about the US-China trade deal announced on Wednesday.

Crude oil futures showed a minor step during trading on Thursday, with profit to limit the growing tension between the US and Iran on later nuclear growth. West Texas Intermediate crude for July delivery decreased from $ 0.11 to $ 68.04 per barrel.

The idea and opinion expressed here are the idea and opinion of the author and not necessarily Nasdac, Inc.

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