Taiwan experienced a significant trade surge in May, with exports and imports beating expectations by growing over 50% year-on-year. This positive momentum led the Taiwan Weighted index to close 2.36% higher on June 15. The upward trend continued through the June 17 session, where the index closed up by an additional 2.78%.
The main Taiwan benchmark closed significantly higher as positive trade sentiment and upgraded economic growth forecasts fueled a four-day rally.
Read the full storyTaiwan's benchmark index closed 2.36% higher today, supported by positive trade data and upgraded economic growth forecasts for the region.
Taiwan reported a massive trade surge in May with exports and imports growing over 50%, fueled by global tech demand and rising commodity prices.