TAIEX rises 0.4% to near 6-week high on Wall Street rally
Taiwan’s TAIEX climbs 201 points to 46,222, extending gains for a fifth straight session and reaching its highest level since July 6 as it tracks overnight Wall Street strength.
4%, to 46,222, extending gains for the fifth straight session, tracking a rally on Wall Street overnight as expectations grew that the Fed would hike interest rates at its September meeting amid softer inflation. The broader index lingered at its highest level since July 6, mainly buoyed by gains in technology services, process industries, and producer manufacturing. 1%. 2%.
8%. 2%. 2%. However, traders were cautious ahead of China's interest rate decision due next week.