Despite Revenue Growth, Investment Trusts Sold Over 80,000 Shares of Petrochemical Stocks in May

Reported 11 months ago

In May, Taiwan's stock market rose by 777.62 points, a 3.81% increase, closing at 21174.22 points on May 31st. Despite a combined revenue of 22.71 billion NT dollars in May, representing a 3.8% monthly growth and hitting a new high in 9 months, investment trusts remain unenthusiastic about petrochemical stocks like Nan Ya (1203), selling over 80,000 shares. Among the top ten stocks investment trusts sold in May, Nan Ya (1303) led with over 81,822 shares sold, followed by Lianqiang (2347) and Shenda (3706) in second and third place respectively. The news highlights the trends in May stock trading activity and advises investors to make independent and informed decisions while considering risks.

Source: YAHOO

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