Home » Business » US stocks keep on to drop! Taiwan shares plummeted 600 points in a 7 days and opening stress on Monday was good

US stocks keep on to drop! Taiwan shares plummeted 600 points in a 7 days and opening stress on Monday was good

The four significant US equity indices tumbled throughout the board, leading to Taiwan’s shares to open on Monday and occur underneath a lot of strain. Specifically last week, Taiwan’s inventory index plunged 605 factors and overseas money withdrew 88 billion yuan, though Apple’s conference will be unveiled future week. , but Evergreen’s 60% cash reduction also took influence. Hence, analysts advise that at this stage the income placement should really nevertheless be held and the deal should be cautious.

Intense statements by the US Federal Reserve brought on critical shocks to the world stock current market, and Taiwan’s shares were not immune: from the closing selling price of 15,278 points on August 26, it plummeted 605 points in a one 7 days, a fall of practically. 4% and the market place value evaporated by 1.86 trillion yuan. , overseas sales on your own arrive at 88 billion yuan.

Analyst Weng Weijie pointed out, “In an atmosphere wherever international money carries on to withdraw from the Taipei inventory market, it is basically really, quite tough for the Taipei inventory marketplace to accomplish very well. Moving into the 3rd quarter or right before the end of this 12 months, we are all anticipating a good overall performance. It is believed that in the full Taipei stock industry this year, in this offer chain, their fundamentals will keep on to be revised downwards. “

US stocks continue to fall! Taiwan stocks plummeted 600 points in one week, overseas withdrawals by 88 billion

US stocks keep on to tumble! Taiwan shares plummeted 600 factors in 1 7 days, overseas withdrawals by 88 billion

Analysts are not much too optimistic about the performance of Taiwanese shares as e-pounds stocks continue on to direct the drop. MediaTek fell 8.55% in just one particular week, TSMC also fell from 512 yuan to 485 yuan, and Hon Hai and UMC also fell. While Apple’s press conference is about to debut on the 7th, it is challenging to incorporate firewood to Taiwan’s shares.

Analyst Weng Weijie analyzed: “The two main stocks in Apple’s stock source chain, a single is that soon after Largan fell underneath the regular monthly line, it ongoing to slide down below the quarterly line and the other was in the efficiency of the share value of Hon Hai., it is also comparatively weak, so a phenomenon has shaped where the income is built in the quick expression, or it can be said that the gain is fatigued. I feel in fact, biotech stocks, we however position it as a money rotation impact, or the exact Spend distinct attention to the acquiring dynamics of super legal entities.

US stocks continue to fall! Taiwan stocks plummeted 600 points in one week, overseas withdrawals by 88 billionUS stocks continue to fall! Taiwan stocks plummeted 600 points in one week, overseas withdrawals by 88 billion

US stocks proceed to slide! Taiwan stocks plummeted 600 details in one particular 7 days, overseas withdrawals by 88 billion

Biotech and health care stocks, the largest weekly achieve, were up nearly 4%. Conversely, delivery shares plummeted 11.26%. Notably, Evergreen declared a 60% cash cash reduction. %, which will come into result on 6 September. Analysts interpret this funds reduction as more possible. With all the earnings out, it could be complicated to stimulate the inventory rate rebound up coming 7 days. Beneath the continued downward revision of the worldwide financial state, the former prosperity of delivery shares will not be in a position to return for the time getting.

(FTV Information / Entire Report)

Much more FTV information
Taiwan Shares Have Massive Weekly Pullback! Is it time to make a short circuit?
Blessed with 830,000 shareholders, Hon Hai delivers 2 waves of special shareholder savings
Xuan Lannuo strike Amu Ping the anti-silt tunnel opened for the 1st time

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.