Investment Funds Buy Nearly 50,000 Shares of Sunk Aviation Stocks While Traders Voice Frustrations Over ETF Investments

Reported about 1 year ago

According to the Taiwan Stock Exchange's chip movement data, institutional investors collectively sold NT$40.356 billion on June 11, with securities investment trust funds (SITFs) buying NT$15.339 billion and selling NT$11.371 billion, resulting in a net buying of NT$3.968 billion. Despite SITFs heavily buying and selling various aviation stocks, including Evergreen Marine (2618), which topped the buying list, stock prices dropped slightly, leaving traders feeling disheartened, especially those who invested in ETFs. SITFs purchased nearly 50,000 shares of Evergreen Marine on this day. Many PTT netizens expressed their concerns over the situation in the shipping industry and ETF investments.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis