Tech Shares May Boost Taiwan Stock Market

From Nasdaq.: 2025-04-24 20:30:00

The Taiwan stock market ended lower on Thursday, with the TSE falling 0.82% to close at 19,478.81. Financial and technology stocks saw losses, with Mega Financial, Taiwan Semiconductor, and United Microelectronics among the decliners. However, the global forecast is positive, with oil and tech stocks expected to lead the Asian markets higher on Friday following gains in European and U.S. markets. The Dow, NASDAQ, and S&P 500 all closed higher on Wall Street, with semiconductor stocks performing well. Treasury Secretary Bessent hinted at a trade agreement with South Korea, while U.S. durable goods orders surged in March. Oil prices also rose slightly after a previous drop.



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