Rise of Robot Stocks: 24% Surge Triggers Massive Withdrawal of 5.4 Billion by Top Eight Government Banks

Reported 12 months ago

On the final trading day of June, the Taiwan stock market closed with an index at 23,032.25, marking a notable rise of 8.77% for the month. The leading government banks collectively made high withdrawals from the stock market, with Foxconn's robotics concept stock experiencing the highest withdrawal of 5.46 billion NTD after a 24.4% surge, closing at 214 NTD. The top ten most sold stocks by these banks in June included financial and electronics stocks like Foxconn, Hon Hai, and Delta Electronics.

Source: YAHOO

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