Foreign Investors Dump TSMC Shares, Leading to a 4% Stock Price Drop

Reported 5 months ago

On July 17, 2024, Taiwan's weighted index fell by 227.43 points to close at 23,769.82, a drop of 0.95%. Foreign investors sold off NT$30.72 billion worth of stocks, with notable dumps including 27,239 shares of Lite-On Technology, 23,897 shares of Wistron, and 20,445 shares of TSMC, resulting in a decline of 2.37% to NT$1,030 per share. The sell-off also highlighted a trend of moving away from major electronic stocks, amid increasing market volatility.

Source: YAHOO

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