Investor confidence in equity market at 2-year high: poll

Focus Taiwan
Date: 2017/11/29
By: Tien Yu-pin and Frances Huang

Taipei, Nov. 29 (CNA) Investor confidence in the Taiwan stock market is at the highest

CNA file photo

level in two years as the main board remains above the 10,000-point mark, according to a survey released on Wednesday.

The survey by J.P. Morgan Asset Management showed that the equity confidence index in the fourth quarter of the year rose to 96.4 from 89.5 in the third quarter. Climbing for the third consecutive quarter, the index reached its highest level since the second quarter of 2015, when it stood at 106.4, the poll indicated.

The weighted index on the local main board ended above 10,000 points in mid-May for the first time in 17 years and maintained its momentum, holding above that level for more than 100 straight trading sessions.    [FULL  STORY]

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