Foreign Institutional Investors Continuously Sell Off Despite Market Rise: Net Selling Over 12.13 Billion Yuan; Netizens React

Reported 11 months ago

On June 26, 2024, the Taiwan stock market opened higher with heavyweights like TSMC and MediaTek leading the gains, resulting in a 110.72-point increase to close at 22,986.69 points, a rise of 0.48%. Despite this, foreign institutional investors continued to sell off, totaling a net selling amount of 12.13 billion Yuan. This news triggered reactions from netizens speculating about a repetitive market scenario, while observing fluctuations in stock performances such as TSMC and MediaTek rising.

Source: YAHOO

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