Central Bank Cracking Down on Housing Speculation! Eight Major State-Owned Banks Shift Focus to Construction Stocks, Nationality Buys Over 5,000 Shares, Huge Gain for Big Tung Despite Losing 280 Million

Reported 10 months ago

FTNN News Network, June 14, 2024, 9:00 PM: The Taiwan Stock Exchange saw an increase in the weighted index by 192.68 points on June 14, closing at 22,504.72 with a gain of 0.86%. On the buying side, eight major state-owned banks bought a significant number of shares in construction stocks, with Nationality being the top-purchased stock with over 5,000 shares, signaling a shift towards construction despite recent central bank measures against housing speculation. Big Tung also saw a rise with over 4,000 shares purchased, totaling a gain of 2.82 billion. The market activity suggests a trend towards construction and related stocks amidst regulatory changes.

Source: YAHOO

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