Taiwan Stock Market Consolidates Sideways Awaiting US-Iran Negotiation Results
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The Taiwan stock market traded sideways, with major weighted stocks showing mixed movements, as it awaited the results of US-Iran negotiations. Petrochemical-related stocks rose due to a rebound in international crude oil prices, while a short-term risk-averse sentiment driven by geopolitical risks dominated the market. Moving forward, market attention is expected to shift towards the technology industry's trends, such as TSMC's investor conference.