
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?
On Wednesday, Taiwan equities added after the close because profits in the Semiconductor, Plastic as well as Electricity sectors underpinned stocks.
The Taiwan Weighted gained 1.03% reaching a fresh all time maximum.
On the Taiwan Weighted the best performance was demonstrated by Logah Technology Corp, Min Aik Precision Industrial Co Ltd and Well Shin Technology Co Ltd. These benchmarks managed to grow respectively 10.00%, 9.93% and 9.85%.
On the contrary, Optotech Corp, Nien Hsing Textile Co Ltd and Lien Chang Electronic Enterprise Co Ltd appeared to be the worst performers of the trading session, losing 9.50%, 8.76% and 8.59% respectively.
On the Taiwan Stock Exchange sagging equities supplanted jumping shares by 429 to 352, while 93 were intact.
Stocks in Nien Hsing Textile Co Ltd sank to 5-year maximums, diving 8.76% being worth 33.35. As for equities in Well Shin Technology Co Ltd, they rallied to 3-years peaks, growing 9.85% and hitting 60.20.
The currency pair USD/TWD slumped 0.32% reaching 30.272, TWD/CNY ascending 0.23% boasting 0.2178.
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?
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 US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
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