Reported 9 months ago
On June 28, 2024, the Taiwan stock market closed with an index of 23,032.25 points, a 126.27 point increase. Despite the market optimism due to Samsung Electronics planning to raise memory prices by 15% to 20% in the third quarter, memory module factory in Taiwan, Nanya Technology (2408) and Transcend Information (2451), faced a downturn with Transcend falling sharply by 5.74%, marking its fifth consecutive decline and ranking as the weakest stock. This trend was observed in other stocks as well, with some experiencing consecutive declines for five or more days.
Source: YAHOO