Taiwan Stock Market Surged by 748 Points in a Week! Eight Major State-owned Stocks Increased Holdings in the 'Reverse 1' Insurance, with Nearly 10,000 Shares Purchased for 00929

Reported 8 months ago

On the last trading day of last week, the Taiwan stock market closed with a 152.71-point drop at 23,253.39 points, but overall, there was a significant increase of 748.67 points during the week (06/17 to 06/21), representing a 3.33% weekly growth. According to data from PlayStock, the eight major state-owned banks increased their holdings last week, with the highest purchase volume for an ETF being Fenghua Taiwan Technology High Dividend (00929), exceeding 9,000 shares, and a purchase amount of 196 million NTD. Additionally, in the midst of the market hitting new highs, the Yuan Da Taiwan 50 Reverse 1 (00632R) was continually being bought by investors. Overall, the eight major state-owned banks' top ETF purchases last week included 00929, 00713, and 00947. The top three in terms of purchase amount were 00713, 00929, and 00947, with 00713 having the highest purchase amount of 443 million NTD.

Source: YAHOO

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