Taiwan Stock Market Reaches New High, But This ETF Hits Record Low! Surges to Top Daily Trading Volume

Reported about 1 year ago

On July 4th, 2024, the price of the inverse ETF Yuanta Taiwan 50 Proshares reached a record low of only 3.3 NTD, attracting many investors to buy on the dip. The Taiwan stock market soared today with TSMC leading the charge, reaching a new intraday high of 23,571.82 points and closing at 23,522.53 points, setting a new record. Despite this, the inverse ETF Yuanta Taiwan 50 Proshares hit a low of 3.3 NTD, with a decline of over 20% from its highest price this year. The ETF saw high trading volume of 373,004 shares today. However, the top trading stock in terms of value was Hon Hai (Foxconn) with a total trading value of 23.535 billion NTD. The market total trading value surged to 535.08 billion NTD today, with the top 10 trading stocks including Yuanta Taiwan 50 Proshares, AU Optronics, Yuanta Taiwan Value High Dividend, Fubon Financial, Edenred Taiwan, Hon Hai, United Microelectronics Corporation, Shin Kong Financial Holding, EVA Air, and Cathay Financial Holding.

Source: YAHOO

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