Skip to playerSkip to main content
  • 18 hours ago
Taiwan’s benchmark index, the Taiex, has closed up 1.68 percent to hit a record high for the third consecutive day. The rally continues to be driven by Taiwan's AI leaders and overnight gains on US exchanges, with market momentum expected to build further as global tech CEOs arrive in Taipei for the annual COMPUTEX exhibition.

Category

🗞
News
Transcript
00:00Tech heavyweights have propelled Taiwan's stock market to a new record high for the
00:04third day in a row.
00:06The TaiX, Taiwan's benchmark index, on Wednesday closed up 1.68 percent, but lower from an
00:13intraday high in earlier trading.
00:14The rally was once again fueled by Taiwan's AI leaders and overnight gains on U.S. exchanges.
00:20Analysts expect the momentum to build as global tech CEOs arrive in Taipei ahead of the annual
00:25Computex exhibition.
00:26The jump suggests robust demand for advanced chip makers and other firms in the AI supply
00:32chain.
Comments

Recommended