By: Taiwan News, Staff Writer
Investor confidence in Taiwan has rebounded marginally from a record low in the third quarter, but there is still some worry about the country’s economic outlook, according to a report released by JPMorgan Asset Management Taiwan Tuesday.
Taiwan’s investor confidence index rose to 83 in the fourth quarter of the year from a record low of 81.7 in the previous quarter, thanks to improving sentiment toward the performance of the local stock market and the political and investment environment, said Alex Chio, executive director of the company.
A figure above 100 indicates positive sentiment toward the investment environment, while a number below 100 indicates pessimism, according to the company. [FULL STORY]