Reported 9 months ago
On June 30, the Taiwan stock market closed with a decrease of 298.02 points, totaling 21,364.48 points. The three major institutional investors, except for the investment trust, were all selling off, with a total of 17.717 billion oversold. Retail investors noticed the market trend and remained unaffected, commenting on how foreign funds are battling the new top three institutions' inflow. Overall, the funds are unable to compete with the excess savings of Taiwan. The market was mainly supported by investment trusts, while investors expressed various reactions, from astonishment to accusations of foul play by foreign funds.
Source: YAHOO