Monday, April 27, 2015
Analysts said the Taiwan stock exchange's benchmark weighted index, the TAIEX, is closing in on 10,000 points and that foreign institutional investors will be one of the key factors determining when the psychological barrier is breached.
The annual Taiwan-U.S. Commercial Forum will take place next week in the southern city of Kaohsiung, during which officials from the two countries will discuss bilateral commercial relations, said the American Institute in Taiwan (AIT) Friday, which is co-organizing the event.
Saturday, April 25, 2015
Shares in Taiwan closed above the 9,900-point mark Friday on expanded turnover as investors rushed to pick up large-cap electronics stocks following a rebound staged by the tech-heavy Nasdaq overnight, dealers said.
The Taiwan Institute of Economic Research (TIER, 台經院) yesterday tuned up its forecast on the nation's GDP growth to 3.7 percent this year on the back of greater economic prospects and falling oil prices.
The Taiwan stock futures index touched the 10,000-point mark for the first time in 15 years at one point Friday before pulling back, but it still ended above its previous close.
Friday, April 24, 2015
The industrial production index compiled by the Ministry of Economic Affairs (MOEA) registered at 112.84 in March, growing nearly 7 percent year-on-year and hitting a record high for the same month.
Shanghai will launch a platform to trade stocks on both exchanges, dealers said.
Taiwanese investors rank No. 1 in the world in terms of expectations of returns on investments, according to a survey conducted by Legg Mason Global Asset Management.
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.018 to close at NT$31.131 after trading in a slow session on moderate turnover, dealers said.
Thursday, April 23, 2015
Semiconductor solution provider Hermes Microvision's (HMI, 漢微科) shares topped NT$2,000 to hit a new record on the over-the-counter (OTC) market yesterday.