Wed, Jun 27, 2007 - Page 12 News List

Analysts back high-tech sector to bolster TAIEX

BULLISH PERSPECTIVE Despite a lackluster outlook for the financial sector, both UBS Securities and Shin Kong Investment predicted an uptrend on the local bourse

By Amber Chung  /  STAFF REPORTER

Betting on an uptrend on the local bourse, the third quarter could be an ideal entry point for retail investors, bolstered by continued capital momentum, healthy fundamentals and government policy that would be advantageous to a bull market, he said.

Nevertheless, if the balance of margin trading exceeds NT$500 billion, compared with the current NT$300 billion, it could signal a bursting investment bubble, he said.

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