Taiwan Stock Market Declines with Heavy Selling Pressure on Leading Stocks

Reported 8 months ago

Taiwan's stock market fell on June 24th, with the weighted index dropping 439.69 points to close at 22813.7 points, a decrease of 1.89%. There was significant selling pressure from institutional investors, with self-owned businesses selling 19.94 billion NT dollars, and AI-weighted stocks Guangdong contributing the most. Leading panel and container stocks including AU Optronics, Innolux, Yang Ming, and Wan Hai were heavily affected. The top ten stocks being sold by self-owned businesses included 8 electronics stocks and 2 industrial stocks, with companies in AI, optoelectronics, communication networks, and shipping among those being sold off.

Source: YAHOO

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