Reported 8 months ago
FTNN News website reported on June 24, 2024, that the Taiwan stock market dropped 129.08 points, closing at 22,813.7 points with a 1.89% decrease, and a trading volume of 499.2 billion NT dollars. Data from the stock exchange showed that the three major institutional investors collectively sold 45.06 billion NT dollars today. Investors expressed concerns about the market conditions and speculated that the market was intentionally aimed at shorting. Tech stocks experienced a significant decline, with TSMC dropping by 30 NT dollars, MediaTek by 80 NT dollars, Foxconn by 6 NT dollars, Compal by 15.5 NT dollars, and Delta Electronics by 6.5 NT dollars. With the significant sell-off by the major investors and the dominance of red in the tech sector, investors were discussing various speculations regarding market movements and strategies for the next trading day.
Source: YAHOO