Foxconn and Hon Hai Stocks Plummet as Top 5 Holdings Sold; Contrary Surge and Withdrawal from 'Robot' Stock

Reported about 1 year ago

On June 21, 2024, the Taiwan stock market closed with a 152.71 points drop, ending at 23253.39 points with a 0.65% decrease. Notably, Foxconn and Hon Hai, both under the Hon Hai Group, saw declines in their stock prices. However, amidst this, robotic concept stock Jinglian surged against the trend despite unexpected selling by proprietary traders. This prompted a surge in stock price followed by a withdrawal. Additionally, proprietary traders also sold off shares of top 10 stocks, with majority being in electronic and traditional manufacturing sectors.

Source: YAHOO

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