CAUTION:Analysts said that there may be a rebound this week, but the performance of the local bourse is tied to foreign funds, which have been trimming their positions
Date: Mar 30, 2015
By: Crystal Hsu / Staff reporter
The local bourse might stage a moderate rebound this week, but the pace is expected to be limited as investors turn cautious before domestic and international companies reveal their first-quarter earnings results, analysts said.
The TAIEX is likely to trade in a tight range this week after shedding 2.52 percent last week to 9,502.72 points, Hua Nan Securities Co (華南永昌投顧) chairman David Chu (儲祥生) said. [FULL STORY]