Reported about 1 year ago
On July 4, 2024, Taiwan Mobile and Far EasTone will go ex-dividend next week, and investment trusts have recently increased their purchase of these two major telecom stocks. Today (7/4), boosted by TSMC leading the way, the Taiwan stock market opened high and continued to rise, reaching a new intraday high of 23571.82 points. Foreign investors were the top buyers today, picking up 4 ETFs and 2 weighted stocks, including 00940, 00939, 00929, 00919, Hon Hai, and UMC. Investment trusts have been heavily buying shares of Taiwan Mobile and Far EasTone, while foreign investors have been engaging in a back-and-forth buying strategy with these telecom stocks.
Source: YAHOO