[MARKET UPDATE] Taiwan's Weighted Index opens up 1.7.%, with TSMC (2330 TT) rising +2.7% to start trade following Q4 earnings and guidance beating expectations
Taiwan's Weighted Index opening up 1.7% is a positive market signal, largely driven by TSMC's strong earnings and guidance, which beat expectations.
PBoC injects CNY 86.7bln via 7-day reverse repos with the rate maintained at 1.40%
PBoC sets USD/CNY mid-point at 7.0078 vs exp. 6.9722 (prev. 7.0064)
[MARKET UPDATE] Taiwan's Weighted Index opens up 1.7.%, with TSMC (2330 TT) rising +2.7% to start trade following Q4 earnings and guidance beating expectations
US President Trump said that, with support from Egypt, Turkey and Qatar, he is pushing for a comprehensive demilitarisation deal requiring Hamas to surrender all weapons and dismantle all tunnels.
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This performance not only boosts TSMC stock but suggests healthy sentiment in technology sectors, potentially influencing broader investor confidence throughout the region.
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