Reported 8 months ago
Taiwan's stock market fell slightly by 8.19 points on June 17, closing at 22496.53 points, with a post-market net selling of 16.477 billion NTD by the three major institutional investors. However, foreign investors shifted from net buying to net selling, notably buying heavily into panel giants. Innolux (3481) saw the most significant increase, with foreign investors purchasing 47,683 shares, pushing the stock price to break through NT$14 and closing up 4.41% at NT$14.2. Similarly, AUO (2409) received attention from foreign investors, with 46,860 shares bought and the stock ending up 1.37% at NT$18.55. Analysts attribute this growth to rumors of Innolux's successful transformation, potential contacts with major global memory manufacturers, and its AI domain expansion, alongside a rebound in the panel market. With foreign support, the stock prices of the panel giants showed remarkable performances today.
Source: YAHOO