The Taiwan stock market has been on a five-day winning streak, gaining almost 1,100 points or 3.9 percent. It closed just above the 28,550-point mark, with expectations of profit-taking on Monday. Global markets are forecasted to be quiet with a slight downward trend due to the holiday season. The TSE ended slightly higher on Friday with technology and cement sectors leading the gains. Major financial companies had mixed results. Wall Street closed with minor losses on Friday, with the Dow, NASDAQ, and S&P 500 all finishing slightly lower. Crude oil prices dropped due to supply concerns related to the US-Venezuela conflict.
Read more at Nasdaq: Win Streak May End For Taiwan Stock Market
