Plane Incident? Three Major Institutions 'Urgently Dumping Shares' in 40,000 Contracts for Hedging

Reported about 1 year ago

On July 5, 2024, the Taiwan stock market experienced fluctuations with an increase in trading volume. Three major institutions collectively sold over NT$9.849 billion, and the top-selling stock of the day was EVA Air. Despite the positive outlook for the aviation industry this year, EVA Air's stock price fell by 1.58% following an incident where one of its planes damaged a light pole at a Vietnamese airport on the 4th. Other top-selling stocks include Cathay Financial Holdings and China Airlines. Investors are advised to conduct independent assessments and exercise caution when making investment decisions.

Source: YAHOO

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