Asian stocks had a strong 2024 — but this market was the clear winner, thanks to a tech rally
Publishing timestamp: 2024-12-23 19:16:42
Summary
Taiwan emerged as Asia's best-performing stock market in 2024, while South Korea was the worst. Analysts believe Trump's presidency and China's economy will be key factors for Asian markets in 2025. Taiwan's tech stocks led gains, while South Korea struggled due to tariff fears and political turmoil. The focus in 2025 will be on Trump's policies, China's economy, and the impact of tariffs on Asian exports. Asia will have to navigate tighter global financial conditions and diverging monetary policy outlooks. Overall, 2025 comes with a lot of uncertainty for the region.
Sentiment: MIXED
Tickers: 2330-TW, .KS11, .N225, .TWII, .IXIC, 2317-TW, .HSI,
Keywords: kospi index, nikkei 225 index, nasdaq composite, hon hai precision industry co ltd, markets, asia economy, taiwan weighted index, taiwan semiconductor manufacturing co ltd, breaking news: markets, business news, hang seng index,
Source: https://www.cnbc.com/2024/12/23/taiwan-asia-best-performing-stock-markets-in-2024.html