Stocks lead the rise in consumer confidence index

BULLISH SENTIMENT:The index hit a record high as a liquidity-driven stock market rally, rather than economic fundamentals, lifted investor confidence

Taipei Times
Date: Apr 28, 2015
By: Crystal Hsu  /  Staff reporter

Consumer confidence rose for the fifth consecutive month this month with all component indices gaining points, led by the bullish sentiment on stock investments, a survey by National Central University showed yesterday.

The consumer confidence index advanced 1.8 points from last month to reach a record 92.93 this month, as a liquidity-driven stock rally lifted investor confidence and the wealth effect, the survey said.     [FULL  STORY]

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