Reported 8 months ago
E. Sun Financial Holding (2890) achieved a record high with a cumulative net profit after tax of 10.432 billion NT dollars in the first five months of 2024, marking a 34.4% annual growth. The earnings growth was mainly driven by the active capital market this year, with both banking and securities subsidiaries achieving their best performances ever. The stock price of E. Sun Financial Holding closed at 25.5 NT dollars on the 21st, with a weekly increase of 5.81%. Foreign investors bought 46,617 shares, investment trusts bought 1,934 shares, and proprietary traders bought 1,608 shares last week. Technical analysis shows positive trends, with the stock trading above weekly, monthly, and quarterly moving averages, prompting investors to continue to increase positions. Further reports from the Commercial Times include updates on the World Bank lowering mainland China's GDP growth forecast for this and next year, options for the remaining land of the Fourth Nuclear Power Plant, and Hopower Energy's push for green energy focusing on wind power, anticipating a prosperous year ahead.
Source: YAHOO