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Reading: Taiwan shares end at new high for 2nd straight session
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Econo Asia™ > Blog > News > Markets > Taiwan Stock Exchange (TWSE) > Taiwan shares end at new high for 2nd straight session
Taiwan Stock Exchange (TWSE)

Taiwan shares end at new high for 2nd straight session

NEWSROOM
Last updated: 2024/05/14 at 4:52 PM
By NEWSROOM 1 Min Read
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Taipei, May 14 (CNA) Shares in Taiwan closed at a record high and moved closer to the 21,000 point mark Tuesday for the second consecutive session as the bellwether electronics sector continued to steam ahead, dealers said.

Turnover failed to expand, indicating caution remains over when the U.S. Federal Reserve will cut interest rates ahead of the release of the April consumer price index on Wednesday (U.S. time), dealers added.

The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended up 128.14 points, or 0.61 percent, at 20,985.85 after moving between 20,816.77 and 20,994.53. Turnover totaled NT$469.26 billion (US$14.48…



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TAGGED: ai, Asus, Asustek, CPI, Fed, Foxconn, iPhone, MediaTek, NewsArticle, shipping, Taiex, Taiwan, tech stocks, TSMC
NEWSROOM May 14, 2024 May 14, 2024
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Programmable Logic Controller Market Growth Projected at USD 16.4 Billion by 2031, Fueled by Automation and Industrial IoT Deployment
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