Reported about 1 year ago
FTNN News reported that the Taiwan stock market closed with a 44.32-point drop on June 7th, ending at 21,858.38 points. The weekly index saw an increase of 684.16 points during the period from June 3rd to June 7th. Foreign capital sold off $24.468 billion this week, with the most significant amount being attributed to the ETF fund Fuhua Taiwan Technology Yield Plus (00929) which announced a dividend cut-off on June 20th at $0.2 per share, yielding an 11.5% annual return rate. However, this week it faced continuous withdrawals from foreign capital, with a total of 138,369 shares sold off, amounting to $2.85 billion. This led to a question from netizens regarding the unpopularity of 00929.
Source: YAHOO