Taiwan Stock Market: Self-Traders Dumping Shares of Old Electrical Appliance Factory Despite U.S. Market Expansion Efforts

Reported 8 months ago

On June 18, 2024, the Taiwan stock market closed with a 1.16% increase, with self-traders buying over $10.65 billion while dumping shares of the longstanding electrical appliance factory, Tatung, making it the day's top sold stock. Despite Tatung's efforts to expand into the U.S. electrical market, attracting orders and visits from American figures like Mike Huckabee, self-traders continued to sell off Tatung shares. This trend was observed with other top-selling stocks, like Tung Ho, adding to the challenges faced by specific companies in the market.

Source: YAHOO

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