stock / 32.650 / 1716

14:09 27May09 RTRS-Financials, techs send Taiwan stocks to 9-mth high * Market hits 9-mth high on Wall St, better China trade ties * Biggest daily percentage rise in 3 wks before long holiday * Asustek up after aiming to double market share * Taiwan Cooperative Bank gains after report of raising funds (Adds details and quotes) By Gina Chang TAIPEI, May 27 (Reuters) - Taiwan stocks rose 3.1 percent on Wednesday to a 9-month closing high, as positive consumer confidence data from the U.S. and hopes over a broad trade agreement with China pushed up financial and technology shares. The main TAIEX share index <.TWII> closed up 207.33 points at 6,890.44, recouping the ground lost in the previous two sessions to hit its best finish since Aug. 29, 2008. The TAIEX posted its biggest daily percentage rise in over three weeks and jumped 2 percent this week. The market will be closed on Thursday and Friday for the Dragon Boat Festival and will resume trading on Monday. Turnover was active at T$223.5 billion ($6.9 billion), higher than Tuesday's T$199.7 billion. The banking and insurance sub-index <.TFNI>, the biggest winner of all sub-indexes, jumped 5.4 percent. Cathay Financial <2882.tw>, Taiwan's top listed financial holding firm, rose 4.8 percent and Chinatrust Financial <2891.tw> ended limit-up. Chinese President Hu Jintao and Taiwan's ruling party leader agreed on Tuesday in Beijing to begin discussing a broad trade deal this year that would lead to tariff cuts and other measures seen boosting the island economy. [ID:nT226144] "The Wall Street rally overnight boosted today's gain," said Tu Jin-lung, chairman of Grand Cathay Investment Services. "Foreign investors might also be buying shares, especially financial shares before the cross-Strait MOU is signed in June." Financial shares have risen 44 percent so far this year, largely due to expectations that Taiwan and China will sign a memorandum of understanding (MOU) on opening the financial sector to each other by the end of June. Many analysts expected the TAIEX to test 7,000 points after the long holiday due to growing market confidence, while some cautioned a pull-back following months of rally. The TAIEX has risen 50 percent so far this year. Taiwan Cooperative Bank <5854.tw> ended limit-up after the Economic Daily cited company chairman Liu Deng-cheng as saying his bank plans to raise T$5.2 billion through a rights issue by the end of the year, paving the way to transform itself into a financial holding company. TSMC <2330.tw> , the world's top contract chip maker and the most active share by turnover, jumped 6.7 percent and Hon Hai <2317.tw>, Taiwan's largest electronics parts maker, went limit-up. The electronics sub-index <.TELI> surged 5.4 percent. Netbook PC pioneer Asustek <2357.tw> rose 1.33 percent after aiming to double its market share to become the world's No. 3 laptop vendor, riding the rising popularity of low-cost laptops among budget-conscious consumers during the global downturn. [ID:nTP362476] In other tech news, the Economic Daily News said key components makers, including Cheng Uei <2392.tw> and Advanced Connectek <5491.two>, are set to be among the major beneficiaries of the launch of Apple's new-generation iPhone. Shares of Cheng Uei and Advanced Connectek rose 6 percent and 4 percent, respectively. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day 3.10 percent Close on day 6,890.44 2009 intraday high 6,930.59 2009 intraday low 4,164.19 All time high 12,682.41 12 FEB 1990 ------------------------------------------------------------ For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] (US$1=T$32.6) ((gina.chang@thomsonreuters.com; editing by Ken Wills; +886 2 2508-0815; Reuters Messaging:gina.chang.thomsonreuters.come@reuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS] OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary [WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts TOP NEWS: For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: World Stocks <0#.index> Currency rates Dow Jones/NASDAQ <.DJI> <.IXIC> Nikkei <.N225> FTSE 100 <.FTSE> Debt <0#usbmk=> Taiwan dollar LME price overview TAIWAN MARKET: Taiwan equity mkt TAIEX <.TWII><.TV.TW> Other indices <0#.inx.tw> TAISDAQ <.TWOII><.TV.TWO> TAIMEX Taiwan index futures <0#tx:> MSCI Taiwan index <.MSTW> SIMEX Taiwan index futures <0#stw:> FTSE TW50 index <.FTSETW50> Keywords: MARKETS TAIWAN STOCKS
For Related News, Double Click on one of these codes:[E] [Z] [MF] [M] [T] [D] [PSC] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [STX] [EMRG] [CN] [LEN] [RTRS] [.TW] [.TWII] [.MSTW] For Relevant Price Information, Double Click on one of these codes:<.TWII> <.MSTW> Wednesday, 27 May 2009 14:09:21RTRS [nTP274724] {EN}ENDS

stock /756/32.660

14:19 26May09 RTRS-Taiwan stocks end lower on North Korea fears * Financial, tech shares down ahead of long weekend * Acer, Asustek rise after winning bid in China * Chung Hung Steel jumps after report of rising prices (Adds details and quotes) By Gina Chang TAIPEI, May 26 (Reuters) - Taiwan stocks changed course to end 0.76 percent lower on Tuesday, as fears that North Korea might launch more missiles as a long holiday weekend approaches, prompting investors to cash in gains in financial and technology shares. The main TAIEX share index <.TWII> had risen more than 1 percent in early trade but closed 51.35 points lower at 6,683.11, hurt by news that North Korea was reportedly ready to test-fire more short-range missiles. Taiwan markets will be closed on Thursday and Friday for the Dragon Boat Festival and will re-open on Monday. Turnover was active at T$199.7 billion ($6.1 billion), slightly higher than Monday's T$190.7 billion. The banking and insurance sub-index <.TFNI> fell 2.84 percent, weighed down by Cathay Financial <2882.tw>, Taiwan's top listed financial holding firm, which lost 2.33 percent. The index has gained 37 percent so far this year. "Investors were taking profits in shares that have risen a lot before the long holiday," said Robert Hsieh, a vice president of Shin Kong Investment Trust. "The market could pull-back further in the short term after the recent rally, but it still has a chance to resume the upward trend in the longer term as there's ample liquidity to help push up the market," Hsieh said. The TAIEX has risen 46 percent so far this year, largely due to expectations that warmer ties with China could lure more money to invest in the island. The electronics sub-index <.TELI> declined 0.96 percent. Mediatek <2454.tw>, Taiwan's largest chip designer and the day's most active share by turnover, dropped 1.5 percent. The construction sub-index <.TCOI> slid 5 percent following a 54 percent jump so far this month, outperforming a 12 percent rise on the broader market. The day's fall came despite local media reporting Taiwan's central bank, hoping to prevent currency speculation, had urged foreign investors who have recently put money in the island's currency markets to buy local stocks. [ID:nTP208719] (For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358]) The computer and peripherals sub-index <.TCPI> fell 1 percent, but PC vendors Acer <2353.tw> and Asustek <2357.tw> rose 1 percent and 0.22 percent, respectively, after both firms were included in a Chinese stimulus package. [ID:nTP371918] HOT STOCKS -- Laptop casing maker Ju Teng <9136.tw> ended 7 percent limit-up for a second consecutive session after its trading debut in Taiwan on Monday. -- Chung Hung Steel <2014.tw> rose 3 percent after a local newspaper said the firm has decided to raise its steel prices for June by an average of 4.5 percent to 5.5 percent, its first rise in nearly 10 months, showing the steel market was bottoming out. The steel and iron sub-index <.TSTI> gained 2.85 percent. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day -0.76 percent Close on day 6,683.11 2009 intraday high 6,878.66 2009 intraday low 4,164.19 All time high 12,682.41 12 FEB 1990 ------------------------------------------------------------ (US$1=T$32.7) ((Editing by Ken Wills; gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging:gina.chang.thomsonreuters.com@reuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS] OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary [WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts TOP NEWS: For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: World Stocks <0#.index> Currency rates Dow Jones/NASDAQ <.DJI> <.IXIC> Nikkei <.N225> FTSE 100 <.FTSE> Debt <0#usbmk=> Taiwan dollar LME price overview TAIWAN MARKET: Taiwan equity mkt TAIEX <.TWII><.TV.TW> Other indices <0#.inx.tw> TAISDAQ <.TWOII><.TV.TWO> TAIMEX Taiwan index futures <0#tx:> MSCI Taiwan index <.MSTW> SIMEX Taiwan index futures <0#stw:> FTSE TW50 index <.FTSETW50> Keywords: MARKETS TAIWAN STOCKS/
For Related News, Double Click on one of these codes:[E] [Z] [MF] [PSC] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [STX] [EMRG] [LEN] [RTRS] [.TW] [.TWII] [.MSTW] For Relevant Price Information, Double Click on one of these codes:<.TWII> <.MSTW> Tuesday, 26 May 2009 14:19:46RTRS [nTP49715] {EN}ENDS

dlr / 32.626 / 797

17:12 25May09 RTRS-Taiwan dlr up on exporters, loss of U.S. dlr appeal * Global investors sell U.S. dollars as rating under fire * Trickle of exporter deals seen * Taiwan dollar has room to grow on China optimism TAIPEI, May 25 (Reuters) - The Taiwan dollar gained on Monday amid a trickle of exporter purchases in otherwise thin trade as the U.S. dollar remained globally weak with its rating under fire. The Taiwan dollar closed at T$32.626 to the U.S. dollar, its strongest close since Dec. 19 last year, and compared with Friday's close of T$32.679. Volume on the main Taipei Forex Inc exchange was a light $797 million, down from $1.35 billion on Friday. "There wasn't much driving the market today, not much direction," a dealer in Taipei said. "The reason it went up a bit is due to the U.S. dollar's performance." The U.S. dollar held near a five-month low against a basket of currencies <.DXY> as concern that the United States may lose its AAA-rating status prompted investors to sell the world's reserve currency. A few exporters, which need local currency for cash needs at home near the end of the month, also sold U.S. dollars on Monday, boosting the Taiwan dollar's rate, another dealer said. More exporter deals are seen in the final days of May. Foreign funds are also expected to keep buying Taiwan dollars in the near term as trade blooms between the island and its political rival, economic powerhouse China, dealers say. "There seems to be a positive sentiment about China, a lot of expectations for inflows," said Mitul Kotecha, head of global currency strategy with Calyon in Hong Kong. Foreign institutions have been net buyers of Taiwan stocks in May, purchasing T$45.9 billion ($1.41 billion) so far this month. The Taiwan dollar slid fast earlier in the year due to the global economic downturn but has climbed back in recent weeks on optimism about new trade and investment deals signed in April between the island and China. On the smaller Cosmos exchange , the Taiwan dollar firmed to T$32.610 to the U.S. dollar from Friday's close of T$32.665. (Reporting by Ralph Jennings and Roger Tung, Editing by Jacqueline Wong) ((ralph.jennings@thomsonreuters.com; +886 2 2500 4882; Reuters Messaging: ralph.jennings.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to newsfeedback.asia@thomsonreuters.com)) Keywords: MARKETS TAIWAN CURRENCY/
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stock /-5.57 /

14:15 25May09 RTRS-Taiwan stocks end flat but niche techs outperform * Big tech names weaken after recent gains * Niche tech firms gain on demand for new products * Strong Taiwan dollar boosts asset plays * Ju Teng limit-up on Taiwan debut (Adds details) TAIPEI, May 25 (Reuters) - Taiwan stocks closed flat on Monday after hitting a nine-month high, hurt by big tech names such as Hon Hai <2317.tw> while investors poured money into smaller firms making niche components for new tech gadgets. Taiwan's main TAIEX share index <.TWII> rose more than 2 percent in early trade but lost momentum gradually to end down 0.04 percent at 6,734.46. The day's fall followed a 3.8 percent rise last week. Turnover was active at T$190.7 billion ($5.8 billion), higher than T$187 billion in the previous session. "There is consensus that the worst is over and people have confidence in the tech sector now, but we still have to see if the recovery is strong," said Andrew Deng, assistant vice president at Taiwan International Securities. Mediatek Inc <2454.tw>, which designs and supplies chips for mobile phones and TVs, fell 3.7 percent and smartphone maker HTC Corp <2498.tw> lost 2.6 percent. Top contract chipmaker TSMC <2330.tw> fell 0.9 percent and electronics parts maker Hon Hai slid 2.2 percent, pulling the electronics sub-index <.TELI> 1 percent lower. However, small-cap companies making niche products were the most active shares on hopes that a new crop of computers and consumer gadgets would trigger fresh demand. LED chip supplier Epistar <2448.tw> rose 6.7 percent to their daily limit, and touch screen maker Wintek <2384.tw> gained 5.5 percent. "Buying in these smaller companies won't be enough to push the market further higher. I am very cautious now," said Alex Huang, vice president at Mega International Securities. Taiwan Fertilizer <1722.tw> and China Petrochem <1314.tw>, which have large land assets, jumped 2.4 percent and 6.8 percent, respectively, following a stronger local dollar that should boost the value of their holdings at home. Shares of laptop casing maker Ju Teng <9136.tw> jumped 6.9 percent to their daily limit on its trading debut in Taiwan. Deng said the TAIEX was facing heavy selling pressure after its recent rally, but it could find support at around 6,700 points in the near term. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day -0.04 percent Close on day 6,734.46 2009 intraday high 6,878.66 2009 intraday low 4,164.19 All time high 12,682.41 12 FEB 1990 ------------------------------------------------------------ For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] (US$1=T$32.6) (Reporting by Baker Li, Editing by Ken Wills) ((baker.li@thomsonreuters.com; +886 2 2508-0815; Reuters messaging: baker.li.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS] OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary [WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts TOP NEWS: For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: World Stocks <0#.index> Currency rates Dow Jones/NASDAQ <.DJI> <.IXIC> Nikkei <.N225> FTSE 100 <.FTSE> Debt <0#usbmk=> Taiwan dollar LME price overview TAIWAN MARKET: Taiwan equity mkt TAIEX <.TWII><.TV.TW> Other indices <0#.inx.tw> TAISDAQ <.TWOII><.TV.TWO> TAIMEX Taiwan index futures <0#tx:> MSCI Taiwan index <.MSTW> SIMEX Taiwan index futures <0#stw:> FTSE TW50 index <.FTSETW50> Keywords: MARKETS TAIWAN STOCKS
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twn stock 0522

14:38 22May09 RTRS-Taiwan stocks at 9-mth closing high after GDP data * Market up on hopes worst was over for Taiwan economy * Market up 3.8 pct this week, No.4 best performer globally * Builders top winners on China hopes, stronger T$ * Market seen trading in tight range next week due to holiday * AU falls after saying strong demand pressure supplies (Adds comments, hot stocks) By Faith Hung TAIPEI, May 22 (Reuters) - Taiwan stocks rose 0.28 percent on Friday to a nine-month closing high on optimism the island's economy had bottomed out after suffering a record contraction in the first quarter. The main TAIEX share index <.TWII> jumped 18.48 points to 6,737.29, finishing this week with a 3.8 percent rally and making the index the fourth-best performer among major global markets so far this week. The electronics sub-index <.TELI> rose 0.44 percent, with Taiwan's top chip design house, Mediatek <2454.tw>, up 3.35 percent. It was the most actively traded issue by turnover. Shares worth T$187 billion ($5.7 billion) changed hands, busier than T$182.9 billion a day earlier. "The contraction in Q1 GDP had been expected by investors and had been priced in share prices," said K. H. Lin, a fund manager at Yuanta Funds, which manages about T$70 billion of client assets. "We see further momentum in stocks, since many investors are waiting to buy at pull-back on expectations Taiwan ties with China will continue to improve." Taiwan's economy shrank at a record 10.24 percent in the first quarter due to poor exports and dismal private investment, prompting the government to cut its full-year growth target. [ID:nSP465824] Mediatek, which designs chips used in cell phones, DVD players and flat-screen TVs, is expected to benefit from growing demand in China, analysts have said. Electronics gear giant Hon Hai Precision Industry <2317.tw>, which has significant investments in mainland China, climbed 1.3 percent. The day's top winner was construction shares <.TCOI>, jumping 5.9 percent, on hopes that Chinese investors will invest in the local real estate market and a stronger Taiwan dollar would boost the value of their properties. Huaku Development <2548.tw> and Far Glory <5522.tw>, major real estate developers in Taipei, were both up by the 7-percent daily limit. The Taiwan dollar strengthened to a five-month high on Friday on signs the worst may be over for the island's economy, with demand picking up from foreign funds and some exporters. [ID:nTP69264] Next week, Taiwan shares could trade in a narrow range ahead of the Dragon Boat Festival on Thursday and Friday, Lin added. Bucking the gains, AU Optronics <2409.tw>, the world's No.3 flat-panel maker, was off 2.78 percent after the company said the spike in demand from China and a recovering U.S. market were pressuring supplies. AU told Reuters in an interview that it expects to return to profitability in the second half of this year due to improving demand for flat-screen TVs, but that was sooner than most analysts expect. [ID:nTP238911] "Investors are worried the growing demand from China will not be enough to cover the decline in the U.S. and European markets," said Karen Lin, a fund manager of Paradigm Asset Management. But Lin didn't rule out AU turning profitable in the third quarter. HOT STOCKS -- Taiwan Semiconductor Manufacturing Co <2330.tw>, the world's top contract chipmaker, slipped 0.7 percent, tracking a 1 percent slide in its American Depositary Receipts in New York trading overnight. -- Acer <2353.tw>, the world's third-biggest PC vendor, closed down 1.34 percent. Acer left open the possibility of raising prices on its laptop PCs in the second half of 2009, citing rising component prices, the Economic Daily reported. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day 0.28 percent Close on day 6,737.29 2009 intraday high 6,784.26 2009 intraday low 4,164.19 All time high 12,682.41 12 FEB 1990 ------------------------------------------------------------ For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] (US$1=T$32.65) (Reporting by Faith Hung; Editing by Ken Wills) ((faith.hung@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging:faith.hung.thomsonreuters.com@reuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS] OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary [WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts TOP NEWS: For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: World Stocks <0#.index> Currency rates Dow Jones/NASDAQ <.DJI> <.IXIC> Nikkei <.N225> FTSE 100 <.FTSE> Debt <0#usbmk=> Taiwan dollar LME price overview TAIWAN MARKET: Taiwan equity mkt TAIEX <.TWII><.TV.TW> Other indices <0#.inx.tw> TAISDAQ <.TWOII><.TV.TWO> TAIMEX Taiwan index futures <0#tx:> MSCI Taiwan index <.MSTW> SIMEX Taiwan index futures <0#stw:> FTSE TW50 index <.FTSETW50> Keywords: MARKETS TAIWAN STOCKS
For Related News, Double Click on one of these codes:[MF] [E] [M] [T] [D] [PSC] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [STX] [EMRG] [LEN] [RTRS] [.TW] [.TWII] [.MSTW] For Relevant Price Information, Double Click on one of these codes:<.TWII> <.MSTW> Friday, 22 May 2009 14:38:06RTRS [nTP2026] {EN}ENDS

0521/ 32.738/ 1421/ -1.17

14:14 21May09 RTRS-Taiwan stocks close at 9-mth high before GDP data * Chi Mei surges on report of rising shipments to China * Far Eastern Bank down after plan to buy AIG Taiwan business * TSMC up after reports of recruiting former workers * Acer flat despite plans to introduce phone model (Adds details and quotes) By Gina Chang TAIPEI, May 21 (Reuters) - Taiwan stocks rose 0.23 percent on Thursday to a nine-month closing high, with LCD maker Chi Mei <3009.tw> leading the way, but gains were limited by investor caution ahead of expected gloomy first-quarter GDP data. The main TAIEX share index <.TWII> closed 15.19 points higher at 6,718.81, its highest finish since Sept. 1, 2008 and the fifth gaining session. Turnover was active at T$182.9 billion ($5.6 billion), but lower than Wednesday's T$191.6 billion. Shares of Chi Mei, Taiwan's No. 2 flat panel maker and the second-most active share by turnover, surged 6.42 percent, outpacing a 0.38 percent rise of the electronics sub-index <.TELI>. Chi Mei's larger rival AU <2409.tw> rose 0.28 percent. Chi Mei's LCD TV panel shipment to China from January to April made up 30 percent of China's total such imports, making the firm the mainland's biggest supplier of the product, a local newspaper said on Thursday. However, the gains were capped as Taiwan's government is set to announce its first-quarter gross domestic product (GDP) later in the day. (Click [ID:nTP312556] for a Reuters poll on GDP) "There are worries in the market that the GDP figure would be worse than a 6 percent fall the government previously forecast, and that weighed on the market today," said Michael On, a managing director of Beyong Asset Management. Sources close to the government told Reuters on Thursday that Taiwan's economy in the first quarter shrank by about 10 percent from a year ago, the worst decline on record. [ID:nTP372436] Analysts expected the market to trade in a narrow range between 6,500-6,700 points through mid-June following its recent advances. The TAIEX has risen 46 percent so far this year mainly due to expectations over potential Chinese investments. The day's top winner was the construction sub-index <.TCOI>, which jumped 3.29 percent, as it got a boost from a stronger Taiwan dollar and an expected influx of investments from China. In the financial sector, Far Eastern International Bank said late on Wednesday it would buy AIG's Taiwan credit card and accounts-receivable businesses for T$2-3 billion, in the latest consolidation of Taiwan's crowded financial sector. [ID:nTP301470] Shares of Far Eastern <2845.tw>, a small-sized lender owned by conglomerate Far Eastern Group, dropped 2.74 percent, while the banking and insurance sub-index <.TFNI> edged down 0.1 percent. In other technology news, a local newspaper cited Hon Hai group chairman Terry Gou as saying that the group's flat panel unit Innolux Display <3481.tw> would invest 30 billion Chinese yuan to build a complex in the Chinese city of Xiamen. Innolux shares advanced 3 percent while shares of Hon Hai <2317.tw>, Taiwan's largest electronics parts maker, fell 0.86 percent. Acer Inc <2353.tw>, the world's third-largest PC brand, finished flat after saying it plans to introduce a phone model running on Google's Android software this year. [ID:nLK961953] Taiwan Semiconductor Manufacturing Co <2330.tw> (TSMC), the world's top contract chip maker, rose 0.71 percent, lifting the semiconductor sub-index <.TSII> 0.63 percent higher. TSMC Chairman Morris Chang had asked employees who were laid off a few months ago to return after the industry bottomed out in the first quarter, local media reported. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day 0.23 percent Close on day 6,718.81 2009 intraday high 6,784.26 2009 intraday low 4,164.19 All time high 12,682.41 12 FEB 1990 ------------------------------------------------------------ For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] (US$1=T$32.7) (Editing by Jacqueline Wong) ((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging:gina.chang.thomsonreuters.com@reuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS] OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary [WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts TOP NEWS: For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data A multimedia version of Reuters Top News is available at:
[Story not fully loaded, incomplete text]

twn stock\

14:12 20May09 RTRS-Taiwan stocks hit near 9-mth high, flu case ignored * Financials rise on expectations of Chinese investments * Airlines down after first confirmed flu case * Tech, auto shares gain after China's new subsidy move (Adds details and quotes) By Gina Chang TAIPEI, May 20 (Reuters) - Taiwan stocks rose 0.72 percent on Wednesday to a near nine-month closing high, with financial shares like Mega up on hopes of potential Chinese investments, but the gain was limited by concerns over a flu outbreak. The main TAIEX share index <.TWII> closed 48.03 points higher at 6,703.62, its best finish since Sept. 1, 2008, and the fourth consecutive gaining session. The index was in negative territory early in the day after Taiwan reported its first confirmed H1N1 flu case. [ID:nPEK309359] Turnover was active at T$191.6 billion ($5.8 billion), but lower than Tuesday's T$218.8 billion. "The death rate of H1N1 virus is quite low and the virus is curable, so its impact on the market should be smaller than SARS," said Bevan Yeh, a senior fund manager of Prudential Financial Securities. "Japan's market is another indicator. There are much more flu cases in Japan, but the impact on its stock market didn't last too long." The transportation sub-index <.TTPI> fell 0.28 percent, with China Airlines <2610.tw> and Eva Airways <2618.tw> down 2.47 percent and 1.46 percent, respectively. "Fears that the market would fall on the President's anniversary and concerns on the flu outbreak weighed on the market for a short while during the session," said John Chiu, a vice president of Fuh Hwa Securities Investment Trust. In previous years, concerns that the market would track previous slides on the President's anniversary prompted some investors to stay on the sidelines. "But news on Chinese investments and other Chinese procurement plans in Taiwan helped push up the market." Taiwan will allow Chinese investors to take a stake in local state-run banks by buying their shares in the market, local media reported on Wednesday. [ID:nTP304071] Chinese Minister of Commerce Chen Deming will lead a 1,000-person delegation to visit Taiwan for product procurement in June, making him the highest-ranking official to visit the island, a local newspaper reported on Wednesday. The banking and insurance sub-index <.TFNI> was up 2.2 percent. Mega Financial <2886.tw> jumped limit-up and First Financial <2892.tw> rose 2.94 percent. Shin Kong Financial <2888.tw>, parent of Taiwan's No. 3 life insurer, rose 4.6 percent after saying on Tuesday it expects 30 million Chinese yuan of insurance premiums this year as it opens business in China. [ID:nTP239333] Tech and auto shares also rose after China said it would expand an existing subsidy scheme to encourage the purchase of new vehicles and home appliances to boost domestic spending, with Taiwan's electronics and auto parts makers likely to benefit. [ID:nPEK254975] The electronics sub-index <.TELI> rose 0.65 percent, with chip designer Mediatek <2454.tw> up 1.51 percent. The automobile sub-index <.TAUI> advanced 0.66 percent. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day 0.72 percent Close on day 6,703.62 2009 intraday high 6,784.26 2009 intraday low 4,164.19 All time high 12,682.41 12 FEB 1990 ------------------------------------------------------------ (US$1=T$32.9) ((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging:gina.chang.thomsonreuters.com@reuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS] OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary [WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts TOP NEWS: For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data A multimedia version of Reuters Top News is
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twn stock\

14:12 20May09 RTRS-Taiwan stocks hit near 9-mth high, flu case ignored * Financials rise on expectations of Chinese investments * Airlines down after first confirmed flu case * Tech, auto shares gain after China's new subsidy move (Adds details and quotes) By Gina Chang TAIPEI, May 20 (Reuters) - Taiwan stocks rose 0.72 percent on Wednesday to a near nine-month closing high, with financial shares like Mega up on hopes of potential Chinese investments, but the gain was limited by concerns over a flu outbreak. The main TAIEX share index <.TWII> closed 48.03 points higher at 6,703.62, its best finish since Sept. 1, 2008, and the fourth consecutive gaining session. The index was in negative territory early in the day after Taiwan reported its first confirmed H1N1 flu case. [ID:nPEK309359] Turnover was active at T$191.6 billion ($5.8 billion), but lower than Tuesday's T$218.8 billion. "The death rate of H1N1 virus is quite low and the virus is curable, so its impact on the market should be smaller than SARS," said Bevan Yeh, a senior fund manager of Prudential Financial Securities. "Japan's market is another indicator. There are much more flu cases in Japan, but the impact on its stock market didn't last too long." The transportation sub-index <.TTPI> fell 0.28 percent, with China Airlines <2610.tw> and Eva Airways <2618.tw> down 2.47 percent and 1.46 percent, respectively. "Fears that the market would fall on the President's anniversary and concerns on the flu outbreak weighed on the market for a short while during the session," said John Chiu, a vice president of Fuh Hwa Securities Investment Trust. In previous years, concerns that the market would track previous slides on the President's anniversary prompted some investors to stay on the sidelines. "But news on Chinese investments and other Chinese procurement plans in Taiwan helped push up the market." Taiwan will allow Chinese investors to take a stake in local state-run banks by buying their shares in the market, local media reported on Wednesday. [ID:nTP304071] Chinese Minister of Commerce Chen Deming will lead a 1,000-person delegation to visit Taiwan for product procurement in June, making him the highest-ranking official to visit the island, a local newspaper reported on Wednesday. The banking and insurance sub-index <.TFNI> was up 2.2 percent. Mega Financial <2886.tw> jumped limit-up and First Financial <2892.tw> rose 2.94 percent. Shin Kong Financial <2888.tw>, parent of Taiwan's No. 3 life insurer, rose 4.6 percent after saying on Tuesday it expects 30 million Chinese yuan of insurance premiums this year as it opens business in China. [ID:nTP239333] Tech and auto shares also rose after China said it would expand an existing subsidy scheme to encourage the purchase of new vehicles and home appliances to boost domestic spending, with Taiwan's electronics and auto parts makers likely to benefit. [ID:nPEK254975] The electronics sub-index <.TELI> rose 0.65 percent, with chip designer Mediatek <2454.tw> up 1.51 percent. The automobile sub-index <.TAUI> advanced 0.66 percent. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day 0.72 percent Close on day 6,703.62 2009 intraday high 6,784.26 2009 intraday low 4,164.19 All time high 12,682.41 12 FEB 1990 ------------------------------------------------------------ (US$1=T$32.9) ((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging:gina.chang.thomsonreuters.com@reuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS] OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary [WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts TOP NEWS: For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data A multimedia version of Reuters Top News is
[Story not fully loaded, incomplete text]

+7.0 /32.855/ 843

16:44 20May09 RTRS-Taiwan dollar at 5-month high on stocks, inflows * Local stocks up, foreign funds active * Highest final price since Dec. 19 * Taiwan central bank seen pushing currency weaker (Updates to close) TAIPEI, May 20 (Reuters) - The Taiwan dollar firmed on Wednesday underpinned by stock market gains and foreign fund inflows, but the central bank was seen selling the local currency while the island's first H1N1 flu case daunted some investors. The Taiwan dollar rose to a high of T$32.815 in intraday trade, up from Tuesday's close of T$32.882, but pared some of those gains to close at T$32.855, its highest final price since Dec. 19. Volume on the main Taipei Forex Inc exchange was thin at $843 million, lower than $1.1 billion a day ago. "Stocks did well and today foreign funds were buying, while the U.S. dollar has been static," a dealer in Taipei said. Taiwan stocks <.TWII> rose 0.72 percent on Wednesday. Foreign funds bought a net T$7.029 billion ($214 million) in local shares for a second straight day of net purchases. Exporters, who prefer a weaker local currency to exchange more of their foreign exchange holdings, also began to buy Taiwan dollars, the dealer said. Exporters are usually active towards the end of the month as they sell U.S. dollar holdings to meet cash needs at home. But the central bank, which keeps the currency in a managed float and has pushed it weaker in recent months to help recession-hit export firms, bought U.S. dollars during the session, curbing the rate rise, another dealer said. Some investors also sold Taiwan dollars after the government announced the island's first H1N1 flu case, a 52-year-old Australian doctor who flew in on Tuesday, a third dealer said. "Many investors who were short on the U.S. dollar tried to cover their positions after Taiwan confirmed its first H1N1 case," the dealer said. "It's still a safe asset after all." The Taiwan dollar slid fast earlier in the year due to the global economic downturn but has climbed back in recent weeks on optimism about new trade and investment deals signed in April between the island and economic powerhouse China. On the smaller Cosmos exchange , the Taiwan dollar firmed to T$32.815 from Tuesday's close of T$32.866. (Reporting by Ralph Jennings, Editing by Jacqueline Wong) ((ralph.jennings@thomsonreuters.com; +886 2 2500 4882; Reuters Messaging: ralph.jennings.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: MARKETS TAIWAN CURRENCY/
For Related News, Double Click on one of these codes:[M] [T] [D] [Z] [MF] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [FRX] [EMRG] [LEN] [RTRS] [TWD/] [TWD=TP] For Relevant Price Information, Double Click on one of these codes: Wednesday, 20 May 2009 16:44:11RTRS [nTP320110] {EN}ENDS

+12.6/ 32.882 / 1118

14:09 19May09 RTRS-Financials send Taiwan stocks to over 8-mth high * Market rises for 3rd session on Wall Street, China hopes * Financial shares rally after U.S. peers surge * Market up 45 pct yr to date, one of top global gainers (Adds details and quotes) By Gina Chang TAIPEI, May 19 (Reuters) - Taiwan stocks rose 1.18 percent on Tuesday to a more than eight-month closing high after a Wall Street rally sparked hopes the global recession is easing, boosting financial shares such as Cathay Financial <2882.tw>. The main TAIEX index <.TWII> rose to as high as 6,784.26 points early in the session but later pared gains as investors grew wary of the market's momentum following recent advances. The TAIEX closed up 77.78 points at 6,655.59, its strongest finish since Sept. 8. Turnover was hefty at T$218.8 billion ($6.7 billion), rising from T$166.5 billion a day earlier. The banking and insurance sub-index <.TFNI>, the day's winner among sub-indexes, jumped 3.6 percent, following a 7.5 percent jump by U.S. banking shares <.BKX>. Cathay Financial, Taiwan's largest listed financial holding firm and the most active stock by turnover, jumped 5.16 percent. Chinatrust Financial <2891.tw>, the island's No.1 credit card issuer, advanced 1.22 percent. "The rally on Wall Street and positive news on cross-Strait ties fueled today's gains," said Robert Hsieh, a vice president of Shin Kong Investment Trust. A group of Chinese firms, including Lenovo Group <0992.hk> and Qingdao Haier <600690.ss>, are expected to buy up to $10 billion worth of products from Taiwan, local media reported on Tuesday, the latest signs of improving ties with China. "The market will be pressured after recent strong gains, but it still has momentum to rise further by the end of this month. There is a lot of money in the market to support the market's gains, and some foreign investors will increase their holdings after MSCI's adjustment," said Hsieh. Hsieh expected the market to test 7,000 points by the end of May. The TAIEX has risen 45 percent so far this year, making it one of the top performers in major global markets, as investors bet warming ties with economic powerhouse China could help the island's recession-hit economy. Last week, index compiler MSCI Barra added 22 Taiwan stocks to its MSCI Taiwan Index <.MSCITW>, the biggest increase among other global markets. Losses in tourism and auto shares capped the day's gain as investors pocketed gains from their recent rises. The tourism sub-index <.THOI> fell 2.88 percent, giving up part of its 18 percent gain so far this month. The automobile sub-index <.TAUI> ended down 2.16 percent. The electronics sub-index <.TELI> rose 1.2 percent. Taiwan Semiconductor Manufacturing Co (TSMC) <2330.tw>, the world's top contract chip maker, gained 1.79 percent, following a 5.29 percent surge in its ADRs in New York trading. TSMC's smaller rival United Microelectronics Corp (UMC) <2303.tw> was up 1.49 percent. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day 1.18 percent Close on day 6,655.59 2009 intraday high 6,784.26 2009 intraday low 4,164.19 All time high 12,682.41 12 FEB 1990 ------------------------------------------------------------ For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] (US$1=T$32.9) ((Editing by Ken Wills; gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging:gina.chang.thomsonreuters.com@reuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS] OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary [WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts TOP NEWS: For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: World Stocks <0#.index> Currency rates Dow Jones/NASDAQ <.DJI> <.IXIC> Nikkei <.N225> FTSE 100 <.FTSE> Debt <0#usbmk=> Taiwan dollar LME price overview TAIWAN MARKET: Taiwan equity mkt TAIEX <.TWII><.TV.TW> Other indices <0#.inx.tw> TAISDAQ <.TWOII><.TV.TWO> TAIMEX Taiwan index futures <0#tx:> MSCI Taiwan index <.MSTW> SIMEX Taiwan index futures <0#stw:> FTSE TW50 index <.FTSETW50> Keywords: MARKETS TAIWAN STOCKS Keywords: MARKETS TAIWAN STOCKS
For Related News, Double Click on one of these codes:[E] [Z] [MF] [PSC] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [STX] [EMRG] [LEN] [RTRS] [.TW] [.TWII] [.MSTW] For Relevant Price Information, Double Click on one of these codes:<.TWII> <.MSTW> Tuesday, 19 May 2009 14:09:20RTRS [nTP235411] {EN}ENDS

bags

twn dlr

16:59 18May09 RTRS-Taiwan dollar slips on risk aversion in thin trade * U.S. dollar safe-haven appeal pressures Taiwan dollar * Local stocks up but foreign funds sell shares * Trade thin ahead of Taiwan GDP announcement this week (Updates to close) TAIPEI, May 18 (Reuters) - The Taiwan dollar weakened on Monday as the U.S. dollar gained global appeal as a safe-haven currency following renewed world recession fears, but trade was thin as some investors held back ahead of key economic data this week. The Taiwan dollar opened at T$33.150 against the U.S. dollar in early trade, its weakest intraday level since May 7, but pared those losses to close at T$32.994. It was still weaker than Friday's close of T$32.950. Volume on the main Taipei Forex Inc exchange was $930 million, up slightly from $879 million in the previous session. "Taiwan stocks were up, but foreign funds sold shares, so there wasn't any clear direction and investors just waited," said a dealer in Taipei. "The currency opened lower and stayed there." The Taiwan dollar fell from the open after the U.S. dollar rose globally on Friday as worries persisted about world economic prospects due to more evidence of recession in Europe and the United States, sparking widespread stock losses. Currencies such as the Japanese yen and the U.S. dollar are traditionally seen as safe havens compared with riskier investments, including the Taiwan dollar. Taiwan stocks <.TWII> rose 1.37 percent on Monday, but foreign funds sold a net T$2.392 billion ($70 million). Exporters also bought U.S. dollars for cash needs overseas, further pressuring the local currency, a dealer said. Some investors stayed on the sidelines waiting for more clarity ahead of Taiwan's first-quarter GDP data, which will be released on Thursday, some dealers said. "Trade was generally thin today, with some investors choosing to stay away until GDP is released," said another dealer. The Taiwan dollar slid earlier in the year due to the global economic downturn, but has climbed back in recent weeks on optimism about new trade and investment deals signed in April between the island and economic powerhouse China. In the non-deliverable forwards market, six-month NDFs were quoted at -0.590/-0.540, compared with Friday's -0.580/-0.530. That indicated the market was expecting the Taiwan dollar to strengthen by a slightly higher degree in half a year. On the smaller Cosmos exchange , the Taiwan dollar closed at T$32.985, weaker than Friday's close of T$32.909. (Reporting by Ralph Jennings; Editing by Chris Lewis) ((ralph.jennings@thomsonreuters.com; +886 2 2500 4882; Reuters Messaging: ralph.jennings.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: MARKETS TAIWAN CURRENCY/
For Related News, Double Click on one of these codes:[M] [T] [D] [Z] [MF] [E] [PSC] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [FRX] [EMRG] [LEN] [RTRS] [TWD/] [TWD=TP] For Relevant Price Information, Double Click on one of these codes: Monday, 18 May 2009 16:59:27RTRS [nTP173701] {EN}ENDS

twn stock / 32.994 / 930 / -2.39

14:17 18May09 RTRS-Taiwan stocks end higher on China hopes * Market rises to one-week closing high * Hopes of Chinese investments lift transport, tourism shares * Taishin Financial rises on tie-up hopes with Chinese banks (Adds details and quotes) By Gina Chang TAIPEI, May 18 (Reuters) - Taiwan stocks closed 1.37 percent higher on Monday, outpacing other major Asian bourses, as Chinese measures to forge closer trade ties with the island spurred buying in transport, tourism and property shares. The main TAIEX index <.TWII> ended up 88.72 points at 6,577.81, its strongest finish in a week and near an eight-month closing high reached last week. Turnover was active at T$166.5 billion ($5 billion), slightly higher than T$164 billion in the previous session. "China's measures gave a boost to the market, helping it to outperform other regional bourses," said John Chiu, a vice president of Fuh Hwa Investment Trust. In a cross-Strait forum over the weekend, China said it would organise visits to Taiwan in industries such as electronics, communications, biomedicine, marine transport, civil construction, textiles and vehicles to discuss investment plans. [nSHA161491] The transportation sub-index <.TTPI> was a big winner, jumping 4.44 percent. The gain also came after Taiwan's transport minister told Reuters in an interview that the island would begin regular flights with China in mid-July. [ID:nTP153257] China Airlines <2610.tw> rose 1.35 percent and Eva Airways <2618.tw> climbed 2.93 percent. The construction sub-index <.TCOI> rose 4.35 percent, with real estate developer Farglory <5522.tw> ending up by its 7 percent limit. The tourism sub-index <.THOI> recouped early losses to close the session 3.96 percent higher. Hotel operator Formosa Hotel <2707.tw> went limit-up, while Ambassador Hotel <2704.tw> rose 1.39 percent. The TAIEX could be pressured after recent sharp advances, analysts said, but some optimists projected it to rise further due to ample liquidity in the market and as global markets have showed signs of improvement in recent months. The market has risen 43 percent so far this year. More funds are expected to flow into the equity market after a newspaper said a government pension fund had awarded six mandates worth T$24 billion to fund arms of ING , HSBC <0005.hk> , Cathay Financial <2882.tw>, Fubon Financial <2881.tw> and two others. Cathay Financial, Taiwan's top listed financial holding firm, rose 1.09 percent, pushing the financial sub-index <.TFNI> up 2.28 percent. Fubon Financial, the island's fifth-largest financial holding firm, rose 1.97 percent. Fubon's chairman on Saturday said the firm would be keen to take additional equity stakes in Chinese commercial banks. [ID:nSHA149302] Taishin Financial <2887.tw>, Taiwan's No.3 financial holding firm, closed limit-up after a senior company executive said it was in talks with more than five Chinese banks on strategic alliances. [ID:nTP69397] Last Friday, Taishin said it would sell its brokerage arm to KGI Securities <6008.two> for T$29 billion. [ID:nTP17043] Shares of KGI jumped 6.91 percent, ending limit-up for a second straight session. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day 1.37 percent Close on day 6,577.81 2009 intraday high 6,680.97 2009 intraday low 4,164.19 All time high 12,682.41 12 FEB 1990 ------------------------------------------------------------ For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] (US$1=T$33.0) (Editing by Chris Lewis) ((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging:gina.chang.thomsonreuters.com@reuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS:
[Story not fully loaded, incomplete text]

twn stock /32.950 / 879

14:48 15May09 RTRS-Taiwan stocks end higher; KGI, Taishin Fin jump
* Market rebounds after Wall Street gains
* KGI, Taishin Financial surge on acquisition deal
* Weekend protest could pressure market next week

(Updates indexes, adds details and quotes)
By Gina Chang
TAIPEI, May 15 (Reuters) - Taiwan stocks ended 1.96 percent
higher on Friday, tracking gains on Wall Street, with KGI
Securities <6008.TWO> surging after saying it would buy the
brokerage arm of Taishin Financial <2887.TW>.
The main TAIEX share index <.TWII> closed 124.92 points
higher at 6,489.09, recouping a near 2 percent fall in the
previous session and hovering around an eight-month high.
Turnover was active at T$164 billion ($5 billion), slightly
higher than Thursday's T$162.7 billion.
The TAIEX closed the week 1.4 percent weaker, but was still
up 47 percent since its low in March, after which global stock
markets rebounded on signs that the worst was over for the global
economy.
Shares of KGI Securities jumped by their 7 percent daily
limit and Taishin Financial advanced 5.45 percent, outperforming
a 4 percent rise on the financial sub-index <.TFNI>.
KGI Securities will pay T$29 billion for the brokerage arm of
Taishin Financial, Taiwan's No.3 financial holding firm, making
it the island's second-largest brokerage. [ID:nTP17043]
"The price is very high and could hence increase the value of
other brokerages," said Kevin Yang, a president at Paradigm Asset
Management.
The acquisition would have positive effects on the sector in
the longer term as the local brokerage industry has become too
fragmented and competitive, analysts said.
The news was also positive for loss-making Taishin, which
said it would cut its capital by 6.8 percent to improve its
financial structure. [ID:nTP351101]
The firm will hold its first-quarter investor conference
later in the day, with investors focusing on its expansion plans
in China and possible cooperation with Chinese companies.
In other financial news, local media said on Friday Shin Kong
Life, the insurance unit of Shin Kong Financial <2888.TW>, would
pay T$1.468 billion, more than double the base price, for a piece
of land in Taipei's up-and-coming Neihu district.
Shares of Shin Kong rose 4.7 percent and the construction
sub-index <.TCOI>, boosted by the deal, jumped 6.18 percent.
Shares newly added to the MSCI Taiwan Index <.MSCITW>
continued to rally. Real estate developer Farglory <5522.TW> and
touch-panel maker Wintek <2384.TW> both ended limit-up.
In its lastest regular review on Thursday, MSCI added 22
Taiwan stocks to its MSCI Taiwan Index <.MSCITW>, the biggest
increase among other global markets.
Despite the day's gain, the market could be pressured in the
short term as Taiwan's main opposition party is set to stage
protest against the government on Sunday, which would prompt
investors to stay on the sidelines, analysts said.
Shares of TSMC <2330.TW> , the world's top contract
chip maker, rose 0.55 percent and the electronics sub-index
<.TELI> ended the session 1.55 percent higher.
A local newspaper cited Chairman Morris Chang as saying
orders at the company now stretch to August, and the utilisation
rate at its 8-inch wafer facility is now close to 90 percent.
Shares of portable PC brand Microstar <2377.TW> edged up 0.23
percent after it said it would return to profitability in the
current quarter, and expected its notebook shipments to climb
20-30 percent in 2009 from last year. [ID:nTPU001376]
--------------------TAIEX IN PERSPECTIVE--------------------
Move on day 1.96 percent
Close on day 6,489.09
2009 intraday high 6,680.97
2009 intraday low 4,164.19
All time high 12,682.41 12 FEB 1990
------------------------------------------------------------
For a table of foreign trading in Taiwan stocks, double-click
on [ID:nTP170358]
(Editing by Jonathan Hopfner)
(US$1=T$32.9)
((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters
Messaging:gina.chang.thomsonreuters.com@reuters.com))
((If you have a query or comment on this story, send an email to
news.feedback.asia@thomsonreuters.com))


[Story not fully loaded, incomplete text]

twn stock

14:31 14May09 RTRS-Taiwan stocks hit 2-wk low but new MSCI shares gain
* Hits near 2-week closing low on Wall Street losses
* ProMOS down after MSCI deletion, but VIA Tech gains
* Asustek falls after modest shipment target

(Adds details and quotes)
By Gina Chang
TAIPEI, May 14 (Reuters) - Taiwan stocks fell 1.87 percent
on Thursday to a near two-week closing low, as financial and
tech shares dropped after weak U.S. data, but gains in shares
added to the MSCI Taiwan Index helped cushion the fall.
The main TAIEX share index <.TWII> closed down 120.97 points
at 6,364.17, following sharp losses on Wall Street, hitting
its lowest finish since May 4. Turnover was active at T$162.7
billion ($4.9 billion), rising from Wednesday's T$159.8 billion.
Cathay Financial <2882.TW>, Taiwan's top listed financial
holding firm, lost 4.02 percent, and Chinatrust Financial
<2891.TW>, the island's largest credit card issuer, dropped 3.35
percent. The financial sub-index <.TFNI> was down 3.73 percent.
"Slides in global stock markets triggered today's fall. But
closer ties with China could help the market resume the upward
trend," said Chang Chi-sheng, a fund manager at Uni-President
Asset Management.
Chang predicted the market would continue to pull back
through the end of May before regaining momentum to test as high
as 7,000 points. The TAIEX recently advanced about 19 percent
over eight straight sessions through to Monday, spurred by hopes
of potential investments from China.
Sentiment was also damped as Taiwan's main opposition party
is set to launch demonstrations on Sunday to protest against
government policies, days ahead of President Ma Ying-jeou's
inauguration anniversary.
ProMOS <5387.TWO>, Taiwan's No.3 DRAM maker and the only
stock removed from the MSCI Taiwan Index <.MSCITW>, dropped by
the 7 percent daily limit. [ID:nTPU001373]
On Thursday, MSCI added 22 stocks to its Taiwan Index,
including real estate developer Farglory <5522.TW>, touch-panel
maker Wintek <2384.TW> and chip designer VIA Technologies
<2388.TW>. (Click [ID:nTP317267] for the list of MSCI additions)
Shares of Farglory were up 3.68 percent. Wintek and VIA Tech
both ended up by their 7 percent limit.
"The adjustment affected individual stocks, but gave limited
support to the overall market since the news had been partly
factored in previous stock buying by foreign investors," said
Alex Huang, a vice-president of Mega International Securities.
Further foreign fund inflows are expected, analysts said, as
global investors who track MSCI indexes are likely to increase
their positions when the reshuffle takes effect later this year.
(For a table of foreign trading in Taiwan stocks, double-click
on [ID:nTP170358])
Netbook pioneer Asustek <2357.TW> fell 1.85 percent, while
the electronics sub-index <.TELI> declined 1.7 percent.
Asustek on Wednesday said it aimed to ship 13 million
portable computers this year, up 25 percent from last year, but
analysts said it could give up market share as it grapples with
reorganisation. [ID:nTP257051]
Powerchip <5346.TWO>, the island's biggest DRAM company,
closed limit-down after a newspaper said it was unable to reach a
consensus with holders of its European Convertible Bonds (ECB) on
a new redemption price and woukld make alternative plans.

--------------------TAIEX IN PERSPECTIVE--------------------
Move on day -1.87 percent
Close on day 6,364.17
2009 intraday high 6,680.97
2009 intraday low 4,164.19
All time high 12,682.41 12 FEB 1990
------------------------------------------------------------
(US$1=T$33.0)
(Editing by Chris Lewis)
((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters
Messaging:gina.chang.thomsonreuters.com@reuters.com))
((If you have a query or comment on this story, send an email to
news.feedback.asia@thomsonreuters.com))
ASIA-PACIFIC STOCK MARKETS:
Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS]
S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW]
Australia/NZ.........[.AX] India.......[.BO] China......[.SS]
OTHER MARKETS:
Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/]
Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/]
ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/]
Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU]
DIARIES & DATA:
IPO diary & data Asia earnings diary [ASIA/EQTY]
U.S. earnings diary [RESF/US] European diary [WEU/EQTY]
Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O]
Eurostocks Week Ahead [.EU/O] World forecasts
TOP NEWS:
For top Asian company news, double click on: [nTOPEQA]
U.S. company news [TOP/EQU] European company news [TOP/EQE]
Forex news [TOP/FRX] Global Economy news [TOP/MACRO]
Technology news [TOP/TECH] Telecoms news [TOP/TELCO]
Media news [TOP/MEDIA] Banking news [TOP/FIN]
Politics/General news [TOP/G] Asia Macro data
A multimedia version of Reuters Top News is available at:
http://topnews.session.rservices.com
LIVE PRICES & DATA:
World Stocks <0#.INDEX> Currency rates
Dow Jones/NASDAQ <.DJI> <.IXIC> Nikkei <.N225>
FTSE 100 <.FTSE> Debt <0#USBMK=>
Taiwan dollar LME price overview
TAIWAN MARKET:
Taiwan equity mkt TAIEX <.TWII><.TV.TW>
Other indices <0#.INX.TW> TAISDAQ <.TWOII><.TV.TWO>
TAIMEX Taiwan index futures <0#TX:> MSCI Taiwan index <.MSTW>
SIMEX Taiwan index futures <0#STW:> FTSE TW50 index <.FTSETW50>
Keywords: MARKETS TAIWAN STOCKS



For Related News, Double Click on one of these codes:[E] [Z] [MF] [M] [T] [PSC] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [STX] [EMRG] [LEN] [RTRS] [.TW] [.TWII] [.MSTW]
For Relevant Price Information, Double Click on one of these codes:<.TWII> <.MSTW>
Thursday, 14 May 2009 14:31:38RTRS [nTP319203] {EN}ENDS

twn dlr / 32.955/ 766/ -12.1

16:42 14May09 RTRS-Taiwan dlr at near 1-wk low on stocks, fund outflows
* Taiwan dollar retreats from 2009 high a day earlier
* Exporters' purchases help limit decline
* Foreign fund outflows persist as stock market dips

(Updates to close)
TAIPEI, May 14 (Reuters) - The Taiwan dollar weakened on Thursday as local stocks fell on weak U.S. retail data, but exporter purchases for the local currency helped temper the fall.
The Taiwan dollar closed at T$32.955 to the U.S. dollar, its weakest finish since May 8 and softening from its Wednesday close of T$32.890.
On Wednesday, the currency had reached a 2009 intraday high of T$32.767.
Volume on the main Taipei Forex Inc exchange was moderate at $766 million, compared with $1.12 billion a day earlier.
Taiwan stocks <.TWII> ended down 1.87 percent on Thursday as gloomy U.S. retail sales results reignited fears that the economic slowdown may not be over.
The central bank also sold Taiwan dollars actively early in the session, dealers said, as the bank prefered the currency weak to help the island's sluggish exports.
The Taiwan dollar has risen about 6 percent so far since its trough in early March, due to optimism about new trade and investment deals signed in April between the island and economic powerhouse China.
But the currency recouped some of its losses in late trading.
"Foreign investors sold a lot of Taiwan shares, but that didn't translate to a lot of fund outflows, so the currency was not falling as much as expected," said a dealer in Taipei. "Exporters also bought the Taiwan dollar around T$32.9."
Exporters usually prefer a weaker local currency so they can exchange their U.S. dollar earnings into more of the Taiwan dollar.
Foreign institutions sold a total of T$12.1 billion ($367 million) worth of Taiwan shares on Thursday, bringing the total amount of shares they sold so far this week to T$33.2 billion. [ID:nTP170358] On the smaller Cosmos exchange , the Taiwan dollar fell to T$32.945, compared to its Wednesday close of T$32.880. (Reporting by Rachel Lee and Gina Chang) ((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging:gina.chang.thomsonreuters.com@reuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: MARKETS TAIWAN CURRENCY/


For Related News, Double Click on one of these codes:[M] [T] [D] [Z] [MF] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [FRX] [EMRG] [LEN] [RTRS] [TWD/] [TWD=TP]
For Relevant Price Information, Double Click on one of these codes:
Thursday, 14 May 2009 16:42:13RTRS [nTP341161] {EN}ENDS

tw stock

14:21 13May09 RTRS-Taiwan stocks rebound, autos jump on China hopes
* Market rises after biggest daily drop in 3 weeks on Tuesday
* Auto, tourism shares rise on new gov't investment rules
* Acer down after April sales falls

(Adds details and quotes)
By Gina Chang
TAIPEI, May 13 (Reuters) - Taiwan stocks ended up 0.82 percent
on Wednesday after marking their worst daily drop in three
weeks in the previous session, as the government's new rules for
Chinese investments helped fuel gains in auto and tourism shares.
The main TAIEX share index <.TWII> closed 52.59 points higher
at 6,485.14. Turnover was active at T$159.8 billion ($4.9
billion), but lower than Tuesday's T$176.5 billion.
"The market is bouncing back from sharp losses yesterday, and
some encouraging news from the United States, such as the U.S.
housing market might hit a bottom, also helped today's rise,"
said Karen Lin, a fund manager at Paradigm Asset Management Co.
"The regulations on Chinese investments provided mild support
since the news had already been priced in during the previous
rally," said Lin.
Taiwanese government ministries have agreed to new
regulations that will allow the Chinese to invest in the island
from June at the latest, in sectors such as autos, textiles,
shipping and tourism. [ID:nTP148757]
The automobile sub-index <.TAUI> jumped 4.48 percent, with
leading car maker Yulon Motor <2201.TW> up 6.46 percent. The
tourism sub-index <.THOI> rose 2.59 percent and hotel operator
Ambassador Hotel <2704.TW> advanced 3.15 percent.
The transportation sub-index <.TTPI> rose 2.24 percent,
further boosted after news that three major Chinese shipping
companies plan to invest in the biggest Taiwanese port in
Kaohsiung, a top port official said on Tuesday. [ID:nTP274707]
The financial sub-index <.TFNI> rose 1.06 percent, with
Chinatrust Financial <2891.TW>, Taiwan's top credit card issuer,
ending 1.31 percent higher after it said late on Tuesday it plans
to issue up to 2.5 billion shares via a private placement to
strengthen its capital base. [ID:nTP229950]
In the tech sector, shares of Acer <2353.TW>, the world's No.
3 PC brand, fell 1.04 percent after its April sales declined from
the previous month. [ID:nTP226989]
"The market's momentum could be capped as visibility in June
is still not very clear for many technology companies, and weak
April sales also sparked concerns," said Lin.
"Recent rises in the Taiwan dollar also created pressure on
tech exporters."
Exporters usually prefer a weaker local currency so they can
convert their U.S. dollar earnings to more of the Taiwan dollar.
TSMC <2330.TW> , the world's largest contract chip
maker, rose 1.81 percent, while the broader semiconductor <.TSII>
sub-index climbed 1.20 percent, helped by encouraging comments
from some sector bellwethers. The chief executive of Intel Corp
said the company's orders and billing patterns so far in
the second quarter have been slightly better than expected.
[ID:nN12342726]
Investors are watching closely as equity index provider MSCI
Barra is set to announce the results of the May 2009
Semi-Annual Index Review for MSCI Equity Indices on Thursday,
with many expecting Taiwan's weighting to be increased.

--------------------TAIEX IN PERSPECTIVE--------------------
Move on day 0.82 percent
Close on day 6,485.14
2009 intraday high 6,680.97
2009 intraday low 4,164.19
All time high 12,682.41 12 FEB 1990
------------------------------------------------------------
For a table of foreign trading in Taiwan stocks, double-click
on [ID:nTP170358]
(US$1=T$32.9)
(Editing by Jonathan Hopfner)
((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters
Messaging:gina.chang.thomsonreuters.com@reuters.com))
((If you have a query or comment on this story, send an email to
news.feedback.asia@thomsonreuters.com))
ASIA-PACIFIC STOCK MARKETS:
Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS]
S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW]
Australia/NZ.........[.AX] India.......[.BO] China......[.SS]
OTHER MARKETS:
Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/]
Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/]
ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/]
Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU]
DIARIES & DATA:
IPO diary & data Asia earnings diary [ASIA/EQTY]
U.S. earnings diary [RESF/US] European diary [WEU/EQTY]
Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O]
Eurostocks Week Ahead [.EU/O] World forecasts
TOP NEWS:
For top Asian company news, double click on: [nTOPEQA]
U.S. company news [TOP/EQU] European company news [TOP/EQE]
Forex news [TOP/FRX] Global Economy news [TOP/MACRO]
Technology news [TOP/TECH] Telecoms news [TOP/TELCO]
Media news [TOP/MEDIA] Banking news [TOP/FIN]
Politics/General news [TOP/G] Asia Macro data
A multimedia version of Reuters Top News is available at:
http://topnews.session.rservices.com
LIVE PRICES & DATA:
World Stocks <0#.INDEX> Currency rates
Dow Jones/NASDAQ <.DJI> <.IXIC> Nikkei <.N225>
FTSE 100 <.FTSE> Debt <0#USBMK=>
Taiwan dollar LME price overview
TAIWAN MARKET:
Taiwan equity mkt TAIEX <.TWII><.TV.TW>
Other indices <0#.INX.TW> TAISDAQ <.TWOII><.TV.TWO>
TAIMEX Taiwan index

[Story not fully loaded, incomplete text]

twn stock/ 32.893 / 1041 / -6.78

14:21 12May09 RTRS-Taiwan stocks mark largest daily pct fall in 3 wks * Market ends eight-session winning streak * Financial, tourism plays weaken after recent rally * Hon Hai limit-down after April sales declines (Adds details and quotes) By Gina Chang TAIPEI, May 12 (Reuters) - Taiwan stocks shed 3.23 percent on Tuesday, their worst one-day decline in three weeks, as losses on Wall Street and other global markets promoted investors to lock in profits from a recent rally in financial and tourism stocks. Weaker sales from local technology companies such as Hon Hai <2317.tw> also raised concerns over the strength of the tech sector's nascent recovery. The main TAIEX share index <.TWII> ended 214.95 points lower at 6,432.55, its weakest finish since May 5. Turnover was active at T$176.5 billion ($5.4 billion), but lower than Monday's T$189.6 billion. The day's fall snapped an eight-session winning streak that had seen the market jump about 19 percent on optimism over potential investments from China. The banking and insurance sub-index <.TFNI> dropped 5.49 percent after jumping about 70 percent since its March low as investors expected financial firms to become major beneficiaries from closer ties with China. Cathay Financial <2882.tw>, the island's top listed financial holding firm, lost 6.83 percent. Chinatrust Financial <2891.tw>, Taiwan's biggest credit card issuer, slid 7 percent to its daily limit. "Losses in U.S. stocks and other global markets triggered today's fall, especially as the local market has risen a lot in the past few sessions," said Robert Hsieh, a vice president of Shin Kong Investment Trust. "Selling by foreign investors yesterday also weighed on the market." Foreign institutional investors sold Taiwan stocks on Monday, snapping a buying spree over the past 10 sessions. (For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358]) Mega Financial <2886.tw> and SinoPac Financial <2890.tw> both fell more than 4 percent. Shanghai-based Sino First Bank said it expected a premium of three to four times its current net value from investors looking to take a stake, a local newspaper reported, a day after a report said Mega Financial and SinoPac Financial were contemplating a joint bid for a stake. The tourism sub-index <.THOI> lost 5 percent as China's first confirmed case of the new strain of flu, H1N1, spurred fears over the impact on business. Hotel operators Ambassador Hotel <2704.tw> and Leofoo Development Co <2705.tw> both slid more than 6 percent. In the tech sector, investors were getting cautious after many major local companies reported weak April sales. The electronics sub-index <.TELI> fell 3.22 percent. Hon Hai Precision Industry, Taiwan's largest electronic parts maker and the day's second-most active share by turnover, ended limit-down after its April revenue fell from the month before. [ID:nTP226989] "As the previous rally helped by rush orders comes to an end, investors will now focus on the fundamentals of technology companies and buy stocks of the companies that have a better sales outlook," said Hsieh. Sentiment could also be weak throughout the week as demonstrations organised by Taiwan's main opposition party are set to take place on Sunday to protest against government policies. Some analysts said the market's pull-back could last through early June, but they projected the TAIEX would resume its upward trend ahead of the annual peak manufacturing season for Taiwan's major exporters in the third quarter. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day -3.23 percent Close on day 6,432.55 2009 intraday high 6,680.97 2009 intraday low 4,164.19 All time high 12,682.41 12 FEB 1990 ------------------------------------------------------------ (US$1=T$32.9) ((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging:gina.chang.thomsonreuters.com@reuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS] OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary [WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts TOP NEWS: For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: World Stocks <0#.index> Currency rates Dow Jones/NASDAQ <.DJI> <.IXIC> Nikkei <.N225> FTSE 100 <.FTSE> Debt <0#usbmk=> Taiwan dollar LME price overview TAIWAN MARKET: Taiwan equity mkt TAIEX <.TWII><.TV.TW> Other indices <0#.inx.tw> TAISDAQ <.TWOII><.TV.TWO> TAIMEX Taiwan index futures <0#tx:> MSCI Taiwan index <.MSTW> SIMEX Taiwan index
[Story not fully loaded, incomplete text]

twn dlr /

17:05 12May09 RTRS-Taiwan dollar off 2009 high as stocks fall * Taiwan dollar falls on stocks, U.S. dollar short cover * Light central bank intervention seen * Dealers say central bank still prefers gradual depreciation (Updates closing values) TAIPEI, May 12 (Reuters) - The Taiwan dollar pulled back on Tuesday from its 2009 closing high hit in the previous session, as a fall in the stock market and investors covering their short position on the greenback pressured the local currency. The Taiwan dollar fell to an intraday low of T$33.018, but later pared some of those losses to close the session at T$32.893, snapping a three-session winning streak. The Taiwan dollar ended slightly weaker than Monday's close of T$32.889. Volume on the main Taipei Forex Inc exchange was moderate at $1.04 billion, lower than Monday's $1.37 billion. "A fall in the stock market led to some small outflows, but much of it was due to some investors looking to cut their exposure and covering their short positions on the U.S. dollar," said a dealer in Taipei. "The central bank wasn't particularly active either, and although it was buying some U.S. dollars, its behaviour suggests it's comfortable with the current level," the dealer added. Taiwan stocks <.TWII> closed more than 3 percent lower on Tuesday, pressuring the local currency as some investors took profits and sold off their Taiwan dollar holdings. While the Taiwan dollar has been trending higher in the past two weeks, dealers said they did not believe the central bank would change its policy of preferring a weaker local currency. "Export figures still aren't outstanding, so there's no reason to see why the Taiwan dollar should strengthen too drastically," said another dealer. "Anyway, climbs and falls don't go in a straight line." On the smaller Cosmos exchange , the Taiwan dollar closed at T$32.880, weaker than Monday's close of T$32.862. (Reporting by Kelvin Soh and Argin Chang, Editing by Jacqueline Wong) ((kelvin.soh@thomsonreuters.com; +886 2 2508 0815; Reuters Messaging: kelvin.soh.reuters.com@reuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: MARKETS TAIWAN CURRENCY/
For Related News, Double Click on one of these codes:[M] [T] [Z] [MF] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [FRX] [EMRG] [LEN] [RTRS] [TWD/] [TWD=TP] For Relevant Price Information, Double Click on one of these codes: Tuesday, 12 May 2009 17:05:16RTRS [nTP86049] {EN}ENDS

twn dlr / 33.889/ 1370 / -4.56

16:56 11May09 RTRS-Taiwan dollar at 2009 closing high on fund inflows * Fund inflows fuel Taiwan dollar climb, c.bank caps gains * Dealers expect Taiwan dollar to test T$32.5 this week (Updates closing values) TAIPEI, May 11 (Reuters) - The Taiwan dollar ended at its strongest close in 2009 on Monday, rising on fund inflows and denting safe-haven demand for the greenback, but its climb was kept in check by the central bank. The Taiwan dollar rose to an intraday high of T$33.821, but later pared some of those gains to close the session at T$32.889, stronger than Friday's close of T$33.040. Both the close and the intraday peak were the strongest since Dec 31 last year. Volume on the main Taipei Forex Inc exchange was active at $1.37 billion, higher than Friday's $1.032 billion. "Foreign fund bought quite a lot of Taiwan dollars in trade today," said a dealer in Taipei. "The central bank was on the other side, doing most of the buying of U.S. dollars, but volume was quite heavy and it couldn't keep up with the overall firming trend." Taiwan's central bank manages the Taiwan dollar in a controlled float and sometimes intervenes to taper fluctuations it feels are excessive. Investors also cheered U.S. data that showed that the 539,000 jobs lost in April were the fewest since October, fuelling expectations the world's largest economy has bottomed out and likely to benefit export-reliant emerging markets. [ID:nN07416806] Dealers said they expect the Taiwan dollar to test T$32.5 this week on hopes that the island's economy could depend on China's relatively resilient performance to ride out the downturn. The Taiwan dollar also took its cue from the offshore non-deliverable forwards (NDF) market. Six-month NDFs were trading for -0.720/-0.670, indicating the market expects the local currency to strengthen by about that amount in half a year. On the smaller Cosmos exchange , the Taiwan dollar closed at T$32.862, stronger than Friday's close of T$33.010. (Reporting by Kelvin Soh and Rachel Lee; Editing by Nick Macfie) ((kelvin.soh@thomsonreuters.com; +886 2 2508 0815; Reuters Messaging: kelvin.soh.reuters.com@reuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: MARKETS TAIWAN CURRENCY/
For Related News, Double Click on one of these codes:[M] [T] [Z] [MF] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [FRX] [EMRG] [LEN] [RTRS] [TWD/] [TWD=TP] For Relevant Price Information, Double Click on one of these codes: Monday, 11 May 2009 16:56:53RTRS [nTP60585] {EN}ENDS

twn stock

14:15 11May09 RTRS-Taiwan stocks at 8-mth high on property, firm Taiwan dollar * Market marks longest winning streak in 2-½ years * Property, financial issues up on China hopes * TSMC, UMC mixed after April sales * ASE jumps on report of possible orders from Intel (Adds details and quotes) By Gina Chang TAIPEI, May 11 (Reuters) - Taiwan stocks rose 0.97 percent on Monday to a fresh eight-month closing high, led by property and financial shares, on hopes of an influx of Chinese investment and a boost from a stronger Taiwan dollar. The main TAIEX share index <.TWII> closed 63.63 points higher at 6,647.50, its strongest finish since Sept. 8, 2008, and following solid gains on Wall Street. Cathay Real Estate <2501.tw> and Farglory <5522.tw>, the island's leading real estate developers, both ended by their 7 percent daily limit. The local market has gained about 19 percent over the past eight sessions, its longest winning streak in nearly 2-½ years. Turnover was active at T$189.6 billion ($5.8 billion), but lower than T$197.9 billion in the previous session. The construction sub-index <.TCOI> jumped 5.41 percent, spurred by hopes that mainland Chinese investors could be allowed to buy real estate for personal use in Taiwan in coming weeks. Taiwan's government is also looking into plans to relax restrictions for property developers to invest in China, a local newspaper reported on Monday. Shares of Cathay Real Estate, Farglory and other companies with sizable land assets also received a lift from rises in the Taiwan dollar as the currency's appreciation increases the value of their assets. (Click [ID:nTP12881] for story on the Taiwan dollar) "The market continued to rise as there's ample liquidity in the market. The Taiwan dollar's gain also boosted financial shares and asset plays," said Eddy Chen, a vice president of National Investment Trust Co. "But sharp gains in many shares have prevented investors from chasing these stocks in the short term." The banking and insurance sub-index <.TFNI> rose 3.62 percent, following a 70 percent jump so far since a trough in March as investors bet on their growing profits amid closer China ties. Cathay Financial <2882.tw>, Taiwan's top listed financial holding company, was up 6.39 percent. Mega Financial <2886.tw> SinoPac Financial <2890.tw> rose 3 percent and 5.32 percent, respectively, after a newspaper said both firms were contemplating a joint bid to take up to 40 percent of Shanghai-based First Sino Bank. In the tech sector, UMC <2303.tw> , the world's No.2 contract chipmaker, ended flat while larger rival TSMC <2330.tw> edged down 0.18 percent. Last Friday, TSMC and UMC both posted rising sales growth for April on a monthly basis. [ID:nTP352017] Both the semiconductor sub-index <.TSII> and the electronics sub-index <.TELI> ended flat for the session. Chip packager ASE <2311.tw> climbed 2.46 percent after a newspaper cited senior company executives as saying Intel was planning to outsource chip testing and packaging work to ASE. Acer <2353.tw>, the world's third-largest PC brand, fell 1.12 percent after Merrill Lynch downgraded the company's rating to "underperform" from "buy" on Monday. [ID:nTP40323] Despite the day's advances, investors were seen pocketing gains after a recent surge in the market, with analysts warning of a further pull-back in the near term. Gains could also be capped this week with Taiwan's main opposition party set to stage demonstrations on Sunday to protest against government policies ahead of President Ma Ying-jeou's inauguration anniversary on May 20. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day 0.97 percent Close on day 6,647.50 2009 intraday high 6,680.97 2009 intraday low 4,164.19 All time high 12,682.41 12 FEB 1990 ------------------------------------------------------------ For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] (US$1=T$32.9) ((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging:gina.chang.thomsonreuters.com@reuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS] OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary [WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts TOP NEWS: For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: World Stocks <0#.index> Currency rates Dow Jones/NASDAQ <.DJI> <.IXIC> Nikkei <.N225> FTSE 100 <.FTSE> Debt <0#usbmk=> Taiwan dollar LME price overview TAIWAN MARKET: Taiwan equity mkt TAIEX <.TWII><.TV.TW> Other indices <0#.inx.tw> TAISDAQ <.TWOII><.TV.TWO> TAIMEX Taiwan index futures <0#tx:> MSCI Taiwan index <.MSTW> SIMEX Taiwan index futures <0#stw:> FTSE TW50 index <.FTSETW50> Keywords: MARKETS TAIWAN STOCKS
For Related News, Double Click on one of these codes:[E] [Z] [MF] [M] [T] [D] [PSC] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [STX] [EMRG] [LEN] [RTRS] [.TW] [.TWII] [.MSTW] For Relevant Price Information, Double Click on one of these codes:<.TWII> <.MSTW> Monday, 11 May 2009 14:15:39RTRS [nTP39033] {EN}ENDS