The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
Taiwan equities decline at close of trade
On Wednesday, Taiwan equities slumped after the close because losses in the Electricity as well as Paper & Pulp sectors suppressed stocks.
The Taiwan Weighted went down 0.66%.
On the Taiwan Weighted the winners were Kinko Optical Co Ltd, San Chih Semiconductor Inc Ltd and U-Tech Media Corp. They ascended respectively 10.00%, 10.00% and 9.96%.
As for losers, one should mention such benchmarks as Loop Telecommunication International Inc, Avision Inc and Sumagh High Tech Corp. They decreased 5.52%, 5.44% and 5.30% respectively.
Declining equities supplanted leaping ones on the Taiwan Stock Exchange by 561 to 218, while 94 ended didn’t change.
Equities in Kinko Optical Co Ltd went up to 5-year maximums, earning 10.00% and getting to 57.20. Stocks in San Chih Semiconductor Inc Ltd grew to 52-week peaks, grasping 10.00% and getting to 15.95.
The currency pair USD/TWD grew 0.08% being worth 30.090, TWD/CNY rallied 0.14% trading at 0.2182.
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
The United States Bureau of Economic Analysis will release monthly Personal Consumption Expenditures (PCE) on June 30, 15:30 GMT+3.
The governor of the Bank of England, Andrew Bailey, will hold a speech on June 29 at 15:30 MT time (GMT+3).
The US Markit will publish Flash Manufacturing and Flash Services PMIs (purchasing managers' indices) on June 23 at 16:45 GMT+3.