Two Stocks Dumped by Institutional Investors for Over Two Weeks Despite Being Named in Huang Renxun Concept Stocks

Reported 8 months ago

On June 17, 2024, the Taiwan Stock Exchange closed at 22,496.53 points, down 8.19 points, with a trading volume of 4426.97 billion. Institutional investors bought 98.56 billion and sold 65.15 billion, resulting in a net purchase of 33.4 billion. Among the top ten stocks sold by institutional investors today, two companies, Gigabyte and Wistron, identified in Huang Renxun's list of 43 Taiwanese companies, were dumped by over a thousand lots each, despite being in the mentioned concept stocks. Both companies saw a continuous sell-off streak, with Gigabyte dropping by 2.54% to 307 TWD and Wistron falling by 1.84% to 106.5 TWD, reflecting their struggle despite being associated with Huang Renxun's concepts in the AI field.

Source: YAHOO

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