Flying High! Foreign Investors Buy Nearly 50,000 Shares of Airlines, Driving Some Stocks to Limit Up

Reported about 1 year ago

On July 1, 2024, the Taiwan stock market closed with the weighted index up by 26.32 points at 23,058.57 points, with foreign investors selling a net amount of 6.502 billion NT dollars. Noteworthy stock purchases by foreign investors included 43,000 shares of Shin Kong Financial, 26,000 shares of Cathay Financial, and 24,000 shares of EVA Air. In addition, stock market excitement saw shares of network communication company Zonda hitting the limit up and being one of the top choices for foreign investments. The buying trend triggered discussions among netizens anticipating a bullish trend in the aviation sector.

Source: YAHOO

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