stock / 32.802 / 602 /+4.5

14:44 23Jul09 RTRS-Taiwan stocks end slightly lower, but TSMC, AU up * Market snaps 7-day winning streak * AU jumps ahead of quarterly earnings * Notebook PC shares rise before Microsoft releases codes * Shin Kong advances after GDR sale (Updates indexes, quotes and details) By Joan Hsu TAIPEI, July 23 (Reuters) - Taiwan stocks edged down 0.06 percent on Thursday as investors booked profits in major banking shares, but the slide was capped by gains in technology heavyweights such as TSMC <2330.tw> and AU <2409.tw>. The main TAIEX share index <.TWII> finished 4.44 points lower at 6,980.88, snapping a seven-day winning streak and off a nearly 11-month closing high in the previous session. Turnover shrank to T$128 billion ($3.9 billion) from Wednesday's T$145 billion. AU Optronics <2409.tw> , the world's No.3 flat-panel maker, closed 0.39 percent higher before it posted a smaller-than-expected loss in the second quarter. [ID:nTPU001521] TSMC, the world's top contract chip maker, jumped 2.17 percent, pushing the broader electronics sub-index <.TELI> 0.17 percent higher. The gained comes after its ADRs shot up 4.56 percent in New York trading overnight. But Cathay Financial <2882.tw>, the island's top listed financial holding firm, fell 0.97 percent, dragging the banking and insurance sub-index <.TFNI> down 0.82 percent. "Taiwan stocks are slowly running out of steam as some investors stayed sidelined following a strong run-up recently," said Tu Jin-lung of Grand Cathay Securities. The TAIEX index had gained more than 6 percent since July 13, when it posted its worst single day drop in three months. The financial sub-index <.TFNI> rose 8 percent during the same period. Notebook PC makers rose, with Acer <2353.tw> and Asustek Computer <2357.tw>, up 0.6 percent and 3.88 percent, respectively. PC shares got a boost after Microsoft Corp said it would release codes for Windows 7 to manufacturers so they can start loading up new PCs, laptops and netbooks with the operating system. [ID:nN21259435] Analysts expected the main index to consolidate between 6,900 and 7,084 points on Friday, with technology shares lending support to the main board. Shin Kong Financial <2888.tw>, parent of Taiwan's No. 3 insurer, gained 4.23 percent after the company raised T$12.3 billion ($375 million) from an overseas stock sale. [ID:nTP268986] --------------------TAIEX IN PERSPECTIVE-------------------- Move on day -0.06 percent Close on day 6,980.88 2009 intraday high 7,084.83 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) ((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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