Hon Hai Sold Again After Being Bought! Foreign Investors Sold more than 10,000 Shares Directly, 'This Stock' Suffers 11 Consecutive Selloffs

Reported about 1 year ago

On July 5, 2024, the Taiwan stock market closed with the weighted index up 34.06 points, reaching 23,556.59 points, with a trading volume of 484.245 billion NTD. According to the Taiwan Stock Exchange's post-market chip movement, foreign and mainland investors (excluding foreign proprietary traders) collectively sold about 6.674 billion NTD. The top-selling stock by foreign investors yesterday was shipping company Evergreen (2618) with a sell-off of 39,708 shares; Lite-On Technology (2301) sold 13,000 shares, marking 11 consecutive sell-offs, while Hon Hai (2317) also sold over 10,000 shares. Concerned investors expressed distress about Lite-On's continuous 11 days of selling and questioned Hon Hai's buying and selling actions. Among the top ten stocks sold by foreign investors yesterday, Evergreen shipping was the top seller with 39,708 shares sold. The analysis showed that the top-selling sectors included 5 electronic stocks, 3 industrial stocks, and 2 financial stocks.

Source: YAHOO

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