Shipping and Robotics in Trouble? Eight Government-Owned Stocks Rescue '1 Shipping Family' as Meglena Plummets 4%

Reported about 1 year ago

On July 8, 2024, the Taiwan stock market index rose by 321.56 points to close at 23,878.15 points, a 1.37% increase. Eight major public sector banks bought a significant amount of shares, with AUO leading in purchases exceeding 15,000 shares and Mega Financial Holding Company acquiring 8,000 shares. Meanwhile, Evergreen Marine and Evergreen saw a decline and were rescued by the elder generation, collectively buying 3,768 shares. Robotic stocks such as Kinpo Electronics and Meglena were also purchased, with Meglena experiencing a 4.19% drop. The top ten stocks bought by the eight major banks included electronic, financial, and traditional production companies, with AUO leading in purchase volume and Creativity topping the list in purchase amount.

Source: YAHOO

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