New Taiwan Dollar Holds Above 30, US Bond ETFs Surge with Increased Trading Volume
The Taiwan stock market closed at 20,522.59 points on the 6th, down 10.40 points, a decline of 0.05%. Although it peaked at 20,623.85 points, it retraced in the last half hour before closing. TSMC closed at 920 NTD, down 18 NTD.
In the bond ETF sector, the market showed signs of recovery, with the 00937B Yuanta ESG Bond ETF leading, closing at 13.81 NTD, with a gain of 1.40% and a trading volume of 202,611 units. The New Taiwan Dollar fluctuated against the US dollar, closing at 29.18 NTD yesterday, reaching a low of 28.82 NTD this morning before stabilizing around the 30 NTD mark.
Moreover, according to financial expert Ruan Mu-hua, the bond ETFs saw significant activity, with the 00679B futures hitting a 6% drop at the opening, yet the bond ETFs rallied today, posting impressive trading volumes.
