Taiwan Bourse Due For Support On Tuesday

From Nasdaq: 2025-03-31 20:33:00

The Taiwan stock market has fallen for four consecutive sessions, dropping nearly 9 percent. The market is just below the 20,700-point mark but could stabilize on Tuesday. Global markets are cautiously optimistic, with potential bargain hunting after recent heavy selling. On Monday, the Taiwan Stock Exchange closed significantly lower, with financial and technology stocks taking the biggest hits. The index plunged over 900 points to end at 20,695.90. Wall Street saw a mixed close, with the Dow up 1 percent, the NASDAQ down 0.14 percent, and the S&P 500 up 0.55 percent. Concerns about Trump’s tariffs and global economic growth continue.

In other news, MNI Indicators reported an unexpected increase in Chicago-area business activity in March. Crude oil prices edged higher on Monday due to concerns about supply meeting demand, with West Texas Intermediate at $69.53 per barrel.



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