Foreign Investments Sell Off 30.7 Billion, Yet This Stock Gains Support with 199,287 Shares Bought

Reported 3 months ago

On July 17, 2024, the Taiwan stock market fell 227.43 points to close at 23,769.82, amidst a significant sell-off totaling 418.89 billion from institutional investors, particularly a 307.2 billion sell-off by foreign investors. Despite this, the stock of Innolux (3481) saw a remarkable 199,287 shares purchased by foreign investors, making it the top stock purchased, followed by United Microelectronics (2303) and CPC Corporation (1314). While major stocks like TSMC and other tech companies declined, sectors such as construction, biotech, and plastics showed stronger performance.

Source: YAHOO

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