Foreign Investors Overwhelm Mega Financial with 27,000 Shares! Stock Price Plummets Nearly 8% in a Dire Situation

Reported 12 months ago

On July 3, 2024, the Taiwan Stock Exchange ended with a 293.06-point increase, closing at 23,172.43 points, up by 1.28%. Foreign investors bought NT$147.21 billion and sold NT$137.94 billion today, resulting in a net purchase of NT$9.27 billion. Mega Financial was the top stock in terms of sales by foreign investors, with 27,000 shares being sold, despite a 4.9% price increase to NT$42.75. Meanwhile, Acer, a robust computer manufacturer, was also heavily sold by foreign investors, causing a 7.9% decline in stock price to NT$115.5, leading to shareholder distress and dramatic market movements.

Source: YAHOO

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