Taiwan Stock Market May Extend Wednesday’s Losses
From Nasdaq: 2024-11-20 19:34:04
The Taiwan stock market has been fluctuating between gains and losses in recent days, resting just below the 22,690-point mark. The global market forecast is uncertain, with potential downside from oil and tech stocks. On Wednesday, the TSE closed lower due to losses in financial, tech, and plastics sectors. Major US indexes ended mixed after a late rally, driven by anticipation of Nvidia’s earnings report. Traders are cautious amid escalating tensions between Ukraine and Russia. Oil prices fell on weak demand and rising US crude inventories. The WTI crude oil futures slipped to $68.87 a barrel.
Read more at Nasdaq: Taiwan Stock Market May Extend Wednesday’s Losses