Shipping Stocks in the Red as Investment Firms Continuously Sell Off Bulk Shipping Stock for 7 Days

Reported 7 months ago

FTNN News Network, June 13, 2024, 9:30 AM - Taiwan's stock market reached a new high with the Wei Index closing up 263.08 points at 22,312.04 points, a 1.19% increase. Despite the general market trend, bulk shipping stock Huiyang-KY (2637) has been continuously sold off by investment firms for 7 days, causing its price to drop and being classified as a weak stock. This is based on data from Mega Securities, showing that among stocks with over 2,000 shares traded, 36 stocks have declined for 4 consecutive days, with 8 having significant trading volumes.

Source: YAHOO

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