Main Players are Tough? Three Major Institutions Collaborate to Force Down Shares of This 'Construction Stock' for 3 Consecutive Days, Plunging it into Weakness

Reported about 1 year ago

FTNN News Network, June 17, 2024, 10:00 AM - The Taiwan stock market closed slightly down by 8.19 points at 22496.53, a 0.04% decrease. Despite the implementation of the 6th round of property market control measures by the central bank last week, construction stocks surged, drawing ridicule from netizens. However, today 6 stocks saw a significant drop, with 3 of them being construction stocks, including Lian Shang (4113), Xianglin (5531), and Yuanxiong (5522). Lian Shang has been dumped by the three major institutions for three consecutive days, leading to a 7.75% price drop and earning the top spot among weak stocks, with investors exclaiming 'The main players are tough.'

Source: YAHOO

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