Taiwan Stock Market Sees Potential as Tech Shares Drive Bargain Hunting
The Taiwan stock market has been on a downward trend, dropping almost 370 points in three consecutive sessions. The global forecast for Asian markets is uncertain due to concerns over U.S. trade policy. On Tuesday, the Taiwan Stock Exchange closed lower, with losses in financial and plastics sectors. The index closed at 22,362.27, down 0.30 percent. Wall Street ended mixed, with the Dow down 0.37 percent, NASDAQ up 0.03 percent, and S&P 500 down 0.07 percent. Investors are cautious due to uncertainty over President Trump’s trade policies and await the Federal Reserve’s meeting minutes for interest rate outlook. Crude oil prices rose on supply disruption fears.
Read more at Nasdaq: Tech Shares May Prompt Bargain Hunting For Taiwan Shares
