Reported 10 months ago
On June 11, 2024, the Taiwan stock market experienced a high opening followed by a decline, ending at 21,792.12 points with a 66.26 point drop and increased trading volume reaching 501.529 billion NTD. Yang Ming (2609) led the top 5 stocks with 327,500 shares traded, while falling to the limit-down price at 74.7 NTD, sparking concerns among netizens about the container shipping industry's downturn. The global shortage of shipping containers due to the Red Sea crisis, along with UN Security Council's ceasefire resolution for Israel and Hamas affecting Gaze, caused the stocks of major container shipping companies to plummet.
Source: YAHOO