Container Shipping Stocks Surged 20% Last Week With Self-Traders Dominating the List, Quanta Hit the Most of 4,000 Shares

Reported 11 months ago

FTNN News Network reported that last Friday (June 7) the Taiwan stock market closed at 21,858.38 points, showing a weekly increase of 684.16 points, or 3.23% from June 3 to June 7. Last week, self-traders bought NT$26.343 billion and sold NT$30.6 billion, resulting in a net selling of NT$4.257 billion, with Quanta, a panel manufacturing giant, being the most purchased stock with over 4,000 shares. Due to a shortage of containers and congestion at ports caused by the crisis in the Red Sea, shipping prices have continuously surged, leading to a 20.7% increase in shipping company Wan Hai's stock price last week, prompting self-traders to buy into this container shipping stock as well.

Source: YAHOO

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