Lower Open Called For Taiwan Stock Market
From Nasdaq MarketSite: 2025-02-16 19:31:15
The Taiwan stock market has been fluctuating over the past five days, remaining just above the 23,150-point mark. Global markets are expected to be flat to lower, with energy stocks leading the decline. The TSE ended lower on Friday due to losses in the technology and cement sectors. The Dow fell 0.37 percent, while the NASDAQ rose 0.41 percent. For the week, the NASDAQ surged 2.6 percent, the S&P 500 jumped 1.5 percent, and the Dow advanced 0.6 percent. Oil prices dropped on Friday as supply concerns eased amid hopes of a peace deal between Russia and Ukraine.
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