The New Taiwan dollar has gained 3.6 percent this month against the US dollar, the central bank said, after the US Federal Reserve left its policy rates unchanged in September and last month. The steep rise in the local currency lent support to hot money inflows fueled by expectations that a technology product downcycle is coming to an end. Mutual funds bought up positions by a modest net NT$74 million, the data showed. The TAIEX, on the other hand, climbed to an eight-month high despite a lackluster economy this year, due mainly to its rising importance in the supply of chips and other electronics.įoreign institutional investors yesterday increased holdings in local shares by a net NT$9.9 billion, offsetting a net sale of NT$787 million by proprietary traders, TWSE data showed. Hong Kong’s government has for months tried to boost turnover and revive a torpid stock market, but to little avail.Īnalysts have said that a reversal in fortunes would not be possible without a major improvement in China’s economic prospects. ![]() Scopri andamento e quotazione in borsa (Hong Kong). The Directorate-General of Budget, Accounting and Statistics on Tuesday trimmed Taiwan’s GDP growth forecast for this year from 1.61 percent to 1.42 percent, but expects growth to more than double to 3.35 percent next year. Ultimo prezzo oggi: 3.830,92 dell’indice Hang Seng TECH (HSTECH) in tempo reale: grafici, analisi tecniche, componenti. The downward revision came even though the territory’s economy grew 4.1 percent, faster than Taiwan’s 2.32 percent over the same period.
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