Market Correction Draws Zero-Fee Investors

Reported 8 months ago

As the stock market corrected on June 21, 2024, small investors without significant funds jumped in as the market dipped by over 200 points. Taking advantage of the positive news on advanced packaging technologies, zero-fee trading for small lots surged, with group trading volumes reaching a historic high of 3.3129 million shares, surpassing major tech giants like TSMC and Foxconn. This trend attracted active trading, with trading volume and value significantly increasing by 15.19% and 13.74%, respectively, compared to the previous day. Small investors, skilled in buying on corrections, remained undeterred by high-level adjustments and made strategic moves, leading to active trading in the zero-fee market.

Source: YAHOO

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