Reported 10 months ago
On June 11, 2024, Taiwan's weighted index closed down 66.26 points at 21,792.12, with foreign investors selling over 33.292 billion NTD. Among the top ten stocks divested by foreign investors, shipping stocks attracted attention with Evergreen Marine seeing a 24,000-share sell-off causing a 9.4% drop, while Yang Ming witnessed over 20,000 shares sold with a steep decline to 74.7 NTD, sparking comments online that the extent of the sell-off was 'less than expected'. The overall divested stocks included 2 electronics, 6 traditional, and 2 financial stocks. This suggests a major sell-off by foreign investors and a notable drop in shipping stocks such as Yang Ming.
Source: YAHOO