Taiwan stocks rally as institutions buy NT$21.4 billion

setn.com (Chinese)

Taiwan stocks rose significantly, with major institutional investors buying NT$21.4 billion, while a specific memory stock saw selling pressure. The stock market experienced a rebound, with the main index gaining 228 points. Foreign investors bought NT$16.2 billion, and other institutional investors added to the buying, driven by expectations of a Federal Reserve rate cut and Taiwan's supply chain importance. The rally saw institutional buying in electronics and financial sectors, while some stocks, including a memory chip producer, faced selling pressure due to recent events and profit-taking.


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Taiwan stocks rally as institutions buy NT$21.4 billion | News Minimalist