Self-operated Businesses Sell 4 Shipping Stocks, Triggering Massive Sell-offs of 13,000 Lots! Including Uni-President Maritime and UMC, Netizens Express Concern Over Touching a Pile of People

Reported about 1 year ago

FTNN News reported that on July 8th, 2024, the Taiwan stock market rose by 321.56 points, closing at 23,878.15 points, a 1.37% increase. Chip movement data revealed that self-operated businesses sold a net amount of 1.705 billion NT dollars, with four shipping stocks among the top ten in terms of lots sold, including Evergreen Marine, Yang Ming, Wan Hai, and Uni-President Maritime, all closing in the red. Among them, Evergreen Marine was the top seller with 13,949 lots sold, while Yang Ming ranked second with over 2,000 lots sold. Additionally, copper foil substrate manufacturer UMC ranked fourth in net selling, with its stock price dropping drastically and netizens expressing concerns over the potential impact on investors.

Source: YAHOO

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