Reported about 1 year ago
Before the end of the second quarter in 2024, not only investment trusts and groups rush to improve their performance, but self-traders are also adopting a short-term trading strategy to beautify their books. Experts indicate that as this week is the final week of June, the momentum of closing accounts will peak, with top ten stocks favored by self-traders showing interest in index gains, including large-cap stocks like TSMC and Yang Ming. Analyzing the positions bought by self-traders, the top ten net buyers last week were Hon Hai, Evergreen Marine, Evergreen, Yang Ming, UMC, Fubon Financial, Shin Kong Financial, Yuanta Financial, Sing Fu Tai, and TSMC, with purchases ranging from at least 3,000 to as high as 10,000 shares. These self-traders are known for pursuing instant performance and short-term trading, especially approaching the end of the quarter, and with the crossover of closing accounts, they continue to heavily invest in large-cap stocks. Despite a potential short-term correction in the Taiwan stock market, the index still has room for upward movement based on the buying patterns, and all top ten weekly net buyers have seen their stock prices rise.
Source: YAHOO