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14:55 29Jun09 RTRS-Taiwan stocks fall, ends 3-session gaining streak * Tech shares weigh ahead of U.S. jobless data * Financial shares cushion TAIEX losses * TAIEX seen trading between 6,100-6,400 pts this week (Updates to close; adds details, quotes) TAIPEI, June 29 (Reuters) - Taiwan stocks closed down 1.12 percent on Monday in thin trade, ending three sessions of gains, as tech shares including contract chip maker TSMC <2330.tw> fell amid uncertainty over the timing of an economic recovery. The main TAIEX share index <.TWII>, which moved in and out of the negative territory the whole session, closed down 72.41 points at 6,391.15. Turnover hit a one-week low of T$90 billion ($2.73 billion), as investors remained sidelined on scepticism over the potential strength of an economic recovery. Analysts said Taiwan stocks could be set for a minor correction this week, and should trade between 6,100 to 6,400 after having seen considerable climbs last week that saw it hit a two-week closing high on Friday. "Stocks pulled back today after rising over the past few sessions," said Wang Kao-hsiung, a vice president at KGI Securities. "Sentiment was dented as there was a huge sell-off in the video games and IC design sectors, which dragged the index down by more than 100 points (in mid-day trade)." The financial sub-index <.TFNI> bucked the trend to end the session 0.12 percent higher, as investors continued to bet that closer co-operation with former political rival China would be good for business. Cathay Financial <2882.tw>, Taiwan's top listed financial holding firm, rose 0.92 percent, while smaller rival Chinatrust Financial <2891.tw> advanced 2 percent. The electronics sub-index <.TELI> fell 1.51 percent as investors either sold their shares or stayed away from export-reliant tech companies ahead of jobless data out of the United States due this week, which could hit consumer spending if the figures come out worse than expected. Heavyweights such as Taiwan Semiconductor Manufacturing Co (TSMC) , the world's biggest contract chipmaker, and top electronics giant Hon Hai <2317.tw> dropped 1.84 percent and 2.35 percent, respectively. Powerchip Semiconductor <5346.two>, Taiwan's biggest DRAM chipmaker, closed flat after it said on Friday that it planned to slash its capital expenditure this year but expects results to improve in July and August. [ID: nTP312139]. Quanta Computer <2382.tw>, the world's largest notebook PC contract manufacturer, dipped 0.38 percent despite a local newspaper report that the firm had received orders from Hewlett-Packard . "Even though Quanta's got plenty of orders from HP, it does not guarantee a boost in its share price," said Wang. "The unit price of these orders are extremely low and it's extremely difficult for downstream notebook makers to gain profits" The computer and peripheral sub-index <.TCPI> fell 1.2 percent. For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] (Reporting by Joan Hsu; Editing by Ken Wills) ((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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