Reported about 1 year ago
On June 15, 2024, in the afternoon trading session, Taiwan Glass (1802) rebounded strongly with a 3.83% surge, reaching over NT$19 and reclaiming losses from the previous days to stand back above the 5-day moving average. The uptrend was supported by a shift from selling to buying by major investors, with a daily trading volume of nearly 19,000 shares, the highest in the past three days. The recent AI momentum and rising glass prices in China have boosted Taiwan Glass' stock price. With a focus on market segmentation through international certifications for high-end products like low-dielectric glass fiber cloth, Taiwan Glass aims to expand its market share and move away from price-cutting losses in the second half of the year.
Source: YAHOO