Reported 3 months ago
On July 17, 2024, after a sharp drop in the US stock market and the continued fallout from US presidential candidate Trump's 'protection fee' remarks, the Taiwan Stock Exchange plummeted over 600 points at the opening on the 18th. Investors rushed to hedge, and the '0050 Reverse 1 (00632R)' saw a surge of over 100,000 shares within the first 10 minutes of trading. As the market tumbled, Taiwan Semiconductor Manufacturing Co. (2330) fell below NT$1,000, reaching a low of NT$986, a decrease of NT$44. The '0050 Reverse 1' strategy involves shorting Taiwan stock index futures and buying various bonds to achieve the opposite tracking effect of the 0050 index, essentially representing shorting the market. In times of market correction, '0050 Reverse 1' often sees a surge in net asset value. With the market selling off sharply, '0050 Reverse 1' surged with over 100,000 shares within the first 10 minutes, leading the Taiwan stock ETF ranks. ⭐ Join now! Follow Yahoo奇摩Line理財 official account ⭐
Source: YAHOO