Taiwan stock market closes lower before holiday due to global tariff concerns.

From Nasdaq: 2025-06-01 20:33:00

The Taiwan stock market closed lower on Thursday, just below the 21,350-point mark, ahead of the Dragon Boat Festival holiday. Global markets are soft due to tariff concerns, with oil stocks likely to be weak after OPEC+ announced a production hike. The TSE ended the day down 0.05 percent, with losses from plastics companies. The Dow rose slightly on Friday, while the NASDAQ and S&P 500 closed mixed. President Trump accused China of violating the trade agreement, causing early selling pressure. Consumer prices in the U.S. inched higher in April, and crude oil prices suffered a weekly loss of over 1 percent.



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