Reported 12 months ago
On July 1, 2024, Taiwan's stock market opened with a decline of 45.83 points at 23012.74 points. Ruentex (2349), a major optical disc manufacturer, is benefiting from its successful entry into the green energy sector with three consecutive limit-up days. Investors rushed in during the first 2 minutes of trading, some happily saying 'Got It,' while others locked in profits or waited for a chance to re-enter. However, facing profit-taking pressure afterward, the stock eventually dropped to 13.15 yuan. Ruentex's optimistic outlook is supported by its first-quarter net profit and growth in revenue, particularly in green and energy storage businesses. Investors are reminded to evaluate risks independently. For more financial news, visit the FTNN website.
Source: YAHOO