Rebound Expected For Taiwan Stock Market
From Nasdaq: 2025-05-19 20:30:00
The Taiwan stock market ended lower after a four-day winning streak, with the index falling 1.46% to finish at 21,523.83. Technology, plastic, and cement sectors saw losses, while financials were mixed. Global markets are cautiously optimistic on trade outlook, following slight gains in Europe and the U.S. On Wall Street, major averages closed slightly higher after Moody’s downgraded the U.S. debt rating. The Conference Board reported a slump in leading economic indicators for April. Crude oil prices saw a mild increase after Goldman Sachs raised its demand outlook. Taiwan will release export order and current account data for April and Q1, respectively.
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