Reported about 1 year ago
As the second quarter nears its end, institutional investors, including fund managers, proprietary traders, and groups, will begin positioning their accounts for the quarter end. Identified as potential stocks for the period include 'three accounts concept stocks' like Evergreen Marine (2618) and financial holding stocks, set to be trading highlights before the quarter's end. Institutional investors typically boost stock prices by manipulating funds or subsidiary holdings at the end of each March, June, September, and December to enhance the companies' book performance and attract more investors' attention. However, investors are advised to be cautious of short-term market volatility during this period and consider companies or funds' long-term fundamentals instead of relying solely on short-term performance in quarterly reports.
Source: YAHOO