Reported 12 months ago
On July 2, 2024, Taiwan Paiho (6278) was added as a constituent stock of the Fuhua Taiwan Technology High Dividend ETF (00929), tracking the 'Selected Taiwan Listed and OTC Technology High Dividend Index'. With strong buying interest, the stock price hit the daily limit of 135.5 yuan before 10 a.m. Although it briefly dipped intra-day, it closed at the limit, reaching a new high since February 2022. Trust funds have been buying Taiwan Paiho for 7 consecutive days, with a significant increase in volume on the 2nd exceeding 11,000 lots, boosting the daily trading volume to nearly 23,000 lots, a recent high. Analysts note the increased trading volume, the upward trend of the daily KD, and state that if the volume remains above the 5-day average, with short-term moving averages holding, it favors the bulls.
Source: YAHOO