Reported about 1 year ago
Taiwan's stock market saw a significant increase on July 8th, with leading stocks like TSMC and Foxconn leading the surge, resulting in a 321.56-point rise in the index to 23878.15 points. Despite this, three major institutions collectively sold off 138.78 billion New Taiwan Dollars. The news led to speculation among investors, with many attributing the market movements to the involvement of retirement funds and expressing surprise at the disconnect between the heavy sell-offs and the market's significant rise.
Source: YAHOO