Useless to Crack Down on Housing Prices? Construction Stocks Experience Continuous Declines and Become the Weak Stock King in 3 Gains

Reported 8 months ago

FTNN News Network reported that Taiwan's stock market fell 152.71 points to 23,253.39 points on Friday, with construction stocks experiencing the most significant decline. Among the top 5 weak stocks, 3 were construction stocks including Jingcheng (2524), Lien Shangfa (2537), and Taishi (2506), with Jingcheng plummeting 2.90% for 5 consecutive declines, ranking first in weak stocks. Despite public skepticism on the effectiveness of curbing housing prices, the market believes that construction stocks will face short-term pressure, with Jingcheng, Lien Shangfa, and Taishi showing weak prices almost daily. This trend indicates a challenging situation for construction stocks.

Source: YAHOO

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