stock 32.923/ 676 /

14:36 31Aug09 -Taiwan stocks end higher on Compal; banks curb gains * Compal gains after solid Q2 results * Investors eye Chinese stocks and the Dalai Lama's visit * Financials fall on fears China may call off trade deal * Evergreen falls before reporting second-quarter losses (Update indexes, adds comments) TAIPEI, Aug 31 (Reuters) - Taiwan stocks ended up 0.24 percent on Monday to a one-week closing high, with PC makers such as Compal <2324.tw> leading gains after strong quarterly earnings, but declines in Chinese stocks capped gains. The main TAIEX share index <.TWII> finished up 16.09 points at 6,825.95, its strongest close since Aug 24. Turnover was thin at T$85 billion ($2.58 billion), as worries of a possible cabinet reshuffle, the Dalai Lama's visit, as well as media reports playing up the threat posed by the H1N1 influenza kept investors on the sidelines. "Technology companies that reported market-beating earnings led gains," said Rayming Yu, CIO at Prudential Financial Securities Investment Trust. "These results also reassured investors that the economy is taking on a slow recovery." Compal Electronics, the world's No. 2 contract laptop PC maker, rose 1.53 percent, pushing the electronics sub-index <.TELI> 0.31 percent higher. A key supplier to top brands such as HP and Dell , it reported better-than-expected quarterly earnings on Friday, helped by robust demand for notebook PCs and LCD televisions. [ID:nTP304868] Mediatek <2454.tw>, Taiwan's top chip designer and supplier and also the session's second most active stock by turnover, outperformed the main board to rise 0.84 percent. The firm's gains come after Intel Corp , the world's largest chipmaker, raised its outlook for third-quarter revenue on stronger-than-expected demand for its microprocessors and chipsets. [ID:nN28172958] Other gainers included construction shares <.TCOI>, which rose over 4 percent as investors bought into property developers such as Farglory <5522.tw>, which climbed on reports that banking firms were increasing their property investments. Medical-related plays such as China Chemical and Pharmaceutical <1701.tw> also climbed, rising 3.16 percent after the local health authorities reported more cases of severe H1N1 influenza infection. Weighing on sentiment was a plunge in China stocks, with the Shanghai Composite Index <.SSEC> falling by over 5.5 percent on Monday. [ID:nBJD002974] "Taiwan stocks took its cue from Chinese stocks, which fell below a key support level, dragging down major Asian markets. In the long term, volatile Chinese stocks could post threat to the Taiwan market's stability." Yu said. China-sensitive financial shares such as Taiwan's top credit card issuer Chinatrust <2891.tw> slipped 2.66 percent, as investors feared that any pullback in warming cross-strait ties could hit the banking industry. This also comes amid a visit by Tibetan spiritual leader the Dalai Lama, raising fears that China could call off a highly anticipated economics agreement with the island. The broader banking and insurance sub-index <.TFNI> was down over 1 percent. HOT STOCKS -- Evergreen Marine <2603.tw> closed 0.5 percent lower. The world's fourth-largest container line reported a net loss of T$1.976 billion in the second quarter after the market close, beating market expectations. [ID:nTPU001635] --------------------- TAIEX IN PERSPECTIVE --------------- Move
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stock / 32.925/ 759 / +12.7

14:19 28Aug09 RTRS-Taiwan stocks rebound; Acer rises after Q2 results * Acer, Formosa Plastics rise after Q2 results * Positive U.S. data fuels export-reliant tech shares * Banking shares up on report of govt-backed fund buying * TSMC up on outsourcing orders from Fujitsu (Updates to close; adds quotes, details) TAIPEI, Aug 28 (Reuters) - Taiwan stocks closed up 1.78 percent on Friday, ending a three-session losing streak, as Acer <2353.tw> led gains after the world's No. 3 PC company reported earnings in line with market estimates. The main TAIEX share index <.TWII> finished 119.11 points higher at 6,809.86, wrapping up the day to post a 2.3 percent weekly gain. Acer, the session's fifth most active share by turnover, rose 3.25 percent, outperforming the electronics sub-index's <.TELI> 1.88 percent rise. Shares of Formosa Plastics <1301.tw>, a top Asia petrochemical producer, rose 2.19 percent after the company logged a better-than-expected second-quarter net profit. [ID:nTP226098] "Investors seemed to have turned to corporate earnings for reassurance," said Michael On, managing director at Beyond Asset Management. "Upbeat economic data from the United States also helped reinforce their confidence in a global economic recovery." The U.S. economy shrank less than expected in the second quarter, despite a record drop in inventories, and few workers filed new claims for jobless benefits last week. [ID:nN27303398] Adding to the gains on the broader market was a local media report that some government-backed funds have bought into Taiwan stocks since Wednesday to help pare losses, with the aim of keeping the main index <.TWII> above the 6,700-point level. Taiwan stocks fell more than 2 percent in the past three days as political uncertainty and worries over an H1N1 outbreak triggered a broad sell-off. Investors were also concerned that the Dalai Lama's visit to Taiwan would hurt China-related shares. Taiwan, a self-ruled island claimed by Beijing, approved the visit by the Nobel laureate to comfort victims of a deadly typhoon. [ID:nSP311815] "The last thing that the government wants is to see stocks tumble. They've taken a step ahead to buy into China-sensitive shares," said Kevin Yang, a president at Paradigm Asset Management. The banking and sub-index <.TFNI> climbed 2.41 percent, with Chinatrust Financial <2891.tw> jumping 4.16 percent. Yang said he expects the TAIEX to remain volatile until the end of next week, trading mainly between 6,700 and 6,900, before Taiwan's government announces its new cabinet members. TSMC <2330.tw>, the world's top contract chip maker, also the session's third most active share by turnover, rose 1.19 percent on outsourcing orders from Japan's Fujitsu <6702.t>. [ID:nT203855] Dell Inc , the world's No. 2 personal computer brand, reported a stronger-than-expected quarterly profit on Thursday, sending shares of its contract makers, such as Quanta <2382.tw> and Compal <2324.tw>, higher. [ID:nN27317400] Quanta and Compal, the world's top two contract laptop PC makers, advanced 2.67 percent and 2.19 percent, respectively. Shares of Asustek <2357.tw> rose 1.54 percent, after its partner, Garmin , said it had picked a U.S. carrier for a line of smartphones. [ID:nN27326271] Smartphone maker HTC <2498.tw> rose 1.99 percent after a local newspaper reported that the company will jointly develop 3G chipsets wit China Telecom <0728.hk>. Delta Electronics Inc <2308.tw>, the world's top maker of power supplies for electrical devices, surged 6.24 percent after a newspaper reported that it would launch an electronic reading device in 2010 to gain market share in the expanding e-book market. ---------------------TAIEX IN PERSPECTIVE-------------------- Move on day 1.78 pct Close on day 6,809.86 2009 intraday high 7,142.63 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 -------------------------------------------------------------- ($1=T$32.87) 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
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stock / 32.916/ 582 / +1.6

14:34 27Aug09 RTRS-Taiwan stocks fall but Mediatek, Amtran gain * Political uncertainty continues to weigh on market * Mediatek up on hopes of closer ties with China Mobile * Amtran jumps after giving upbeat 2010 outlook (Updates indexes; add quotes, details) TAIPEI, Aug 27 (Reuters) - Taiwan stocks ended down 0.42 percent on Thursday, as lingering worries over a possible cabinet reshuffle and an H1N1 outbreak triggered selling, but some tech shares such as TV maker Amtran <2489.tw> defied weakness. The main TAIEX share index <.TWII> finished 28.46 points lower at 6,690.75, extending a two-day losing streak. Turnover was thin at T$79 billion ($2.4 billion) compared with Wednesday's T$101 billion. "Taiwan stocks ended lower as a result of investors' lack of confidence," said Bevan Yeh, a senior fund manager at Prudential Financial Securities Investment Trust. "Turnover would likely remain thin as investors wait for signs to return to the market." Yeh said investors would keep an eye on market movers such as Chinese stocks and wait for more economic data to reassure them that the global economy is on the mend. However, investors bought shares of technology companies such as Hon Hai and Mediatek. Mediatek <2454.tw>, Taiwan's top chip designer and supplier, rose 1.20 percent after reports its chairman was meeting with the chairman of China Mobile <0941.hk>. Electronics giant Hon Hai <2317.tw> rose 1.4 percent, as one of its major clients, Apple , would soon introduce a touchscreen tablet device. [ID:nN26278975] Amtran Technology, maker of the Vizio brand of flat-screen TVs, rose to its 7 percent daily limit after the company said on Wednesday its global TV shipments would rise 60-70 percent next year. [ID:nTP150786] The steel and iron sub-index <.TSTI> fell 0.82 percent after a local newspaper reported that Chinese government would take measures to curb overcapacity among steel and cement producers. Shares of AU Optronics <2409.tw> rose 0.47 percent after a local newspaper reported that K.Y. Lee, chairman of AU and Qisda Corp <2352.tw>, and five others charged with insider trading were acquitted on Wednesday after a two-year trial. Tourism shares <.THOI> gained 1.9 percent after a local newspaper reported that direct flights between Taipei's Songshan Airport and Shanghai's Hongqiao Airport will begin from May 1, 2010, adding extra capacity to the currently crowded cross-strait flights. ---------------------TAIEX IN PERSPECTIVE-------------------- Move on day -0.42 pct Close on day 6,690.75 2009 intraday high 7,142.63 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 -------------------------------------------------------------- ($1=T$32.9) 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]
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stock / 32.924/ 551 / +5.3

14:27 26Aug09 RTRS-Taiwan stocks end lower, hit by LCD shares * LCD makers fall on LG plans to build plant in China * Property stocks fall after mortgage subsidy ends * Medical-related plays jump on report of more H1N1 cases (Updates to close; adds quotes, details) TAIPEI, Aug 26 (Reuters) - Taiwan stocks closed down 1.32 percent on Wednesday, pulled down by LCD makers such as AU Optronics <2409.tw> after bigger rival LG Display <034220.ks> signed a non-binding agreement to build a plant in China. The main TAIEX share index <.TWII> finished 90.2 points lower at 6,719.21, retreating for a second straight session. "LCD makers in Taiwan fear that they could become less competitive compared to their South Korean counterparts in winning orders as a result of the LG deal," said Tu Jin-lung, chairman of Grand Cathay Investment Services. Losses were led by the world's No.3 flat-panel maker AU Optronics , also the second most active share by volume, which slipped 3.02 percent. The optoelectronics sub-index <.TOPI> ended 2.73 percent lower. Its shares fell after bigger rival LG Display <034220.ks> said it had signed a non-binding agreement to build a plant in China, in a move that could help the South Korean firm win more Chinese contracts. [ID:nSEO41715] Au Optronics' smaller cross-town rival Chi Mei Optoelectronics <3009.tw> also dropped, slipping 4.99 percent. Turnover was thin at T$101 billion ($3.07 billion), amid political turmoil in the aftermath of Typhoon Morakot that could result in a cabinet reshuffle, and as local media played up stories about the ongoing threat of H1N1 flu outbreaks. "With a turnover so thin, the market could be exceptionally vulnerable to any sentiment swings," said Tu, who expects the TAIEX to remain volatile until early September, when the government releases its new cabinet list. Construction and real estate stocks <.TCOI> also slipped, falling 4.95 percent after local newspapers reported that the island's government would end a subsidy programme that gave home buyers preferential mortgage rates. Property developers were worst hit, including Taiwan Land <2841.tw>, which fell by its daily 7 percent maximum limit. Gainers included medical-related plays. China Chemical and Pharmaceutical <1701.tw>, the session's sixth most-active stock by volume, surged nearly 7 percent after Taiwan's health authorities warned that H1N1 infections could peak this autumn. HOT STOCKS -- Quanta <2382.tw>, the world's largest contract laptop PC maker, jumped 3.13 percent after a local newspaper reported that it had won a contract to make 3G-enabled netbooks for China Mobile <0941.hk>. -- Compal <2324.tw>, the world's second-largest contract laptop PC maker, climbed 1.25 percent after a local newspaper reported that the company had won a contract to manufacture Nokia's newly launched netbooks. ---------------------TAIEX IN PERSPECTIVE--------------------- Move on day -1.32 pct Close on day 6,719.21 2009 intraday high 7,142.63 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] (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
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dlr

16:46 25Aug09 RTRS-Taiwan dollar down on stock losses * Investors short-cover U.S. dollar as stocks fall * Dealers wary of central bank intervention * Central bank prefers weak T$ after export orders decline (Adds details, quotes) TAIPEI, Aug 25 (Reuters) - The Taiwan dollar fell on Tuesday from a two-week closing high in the previous session with investors covering their short positions on the U.S. dollar as the stock market fell. "Investors were covering their short positions in the U.S. dollar. Nobody was in an upbeat mood because the stock market is falling," said a dealer in Taipei. Taiwan's stocks <.TWII> fell 0.42 percent, with foreign institutions selling a net T$676 million ($20 million) during Tuesday's session. Earlier in the day, importers were in the market buying U.S. dollars, taking advantage of three straight sessions of rises in the local currency through Monday. A firming Taiwan dollar allows importers to use less of the local currency to convert into U.S. dollars needed for their overseas purchases. On Monday, the Taiwan dollar had closed at its strongest since Aug. 11, after rising for three straight sessions. Some dealers were also cautious about central bank intervention, especially as Taiwan's exports and orders were still falling. The central bank has been steering the Taiwan dollar towards a weakening stance for most of this year to help boost the island's export competitiveness. Exports are the mainstay of the technology-reliant economy. Taiwan's export orders in July fell 8.77 percent from a year earlier, the smallest decline since October 2008, although the jobless rate hit a record high of 6.01 percent in the same month, suggesting the economy was still not fully recovered. [ID:TP368545] Some political uncertainty due to an imminent cabinet reshuffle, and the spread of the H1N1 virus globally also weighed on sentiment. Dealers said there would be little impact after the United States reappointed Ben Bernanke as Federal Reserve chairman for a second term, as the move was in line with market expectations. 0800 GMT FRIDAY'S SESSION T$ (Taipei Forex Inc) 32.920 32.863 (close) Volume in $ mln (Taipei Forex Inc) 515 494 T$ (Cosmos) 32.918 32.860 (close) Six-month NDFs -0.460/-0.410 -0.450/-0.400 Note: Taipei Forex Inc is Taiwan's main forex exchange; Cosmos is a smaller exchange. Daily trading ends at 0800 GMT. Source: NDFs quotations from Prebon Asia For more foreign exchange news, please click [nTOPFRX] (Reporting by Lee Chyen Yee and Alice Chen; Editing by Chris Lewis) ((chyenyee.lee@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging: chyenyee.lee.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] [Z] [MF] [E] [D] [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: Tuesday, 25 August 2009 16:46:38RTRS [nTP63214] {EN}ENDS

stock / 32.920 /515 / -0.68

14:09 25Aug09 RTRS-Taiwan stocks close down as financials drop * Financial shares fall amid valuation worries * PC shares gain on upbeat sector outlook and Nokia entry * Medical plays climb after more H1N1 deaths * Trade thin amid market volatility and political fears (Adds details and comments) TAIPEI, Aug 25 (Reuters) - Taiwan stocks closed 0.42 percent lower on Tuesday, pulled down by financial stocks such as Taishin Financial <2887.tw> on concerns that banking shares had become overvalued. The main TAIEX share index <.TWII> closed 28.84 points lower at 6,809.41, a day after it logged its biggest percentage rise in about two months. Turnover was thin at T$84.64 billion ($2.57 billion), lower than the average of most trading days, as many investors were put off by recent market volatility and by concerns of further swings from a possible political reshuffle in the aftermath of Typhoon Morakot. Financial shares <.TFNI> were the session's top losers, falling 1.9 percent. Taishin Financial dropped 4.4 percent. "Financial shares have climbed a fair bit recently, and this seems like a fairly reasonable correction to me," said John Chiu, vice-president at Fuh Hwa securities. "Investors are looking for other places to park their money now." The session's top gainers included top contract laptop PC maker Quanta <2382.tw> and its smaller rivals Compal <2324.tw> and Wistron <3231.tw>, all of which climbed to lead the broader computer and peripherals sub-index <.TCPI> 2.2 percent higher. Quanta had given a better-than-expected outlook for the rest of the year on Monday, boosting investor confidence that global tech demand was returning and helping boost the company's stock 6.9 percent. [ID:nTP348546] Compal and Wistron rose 3.2 percent and 6.3 percent, respectively, amid news that cellphone giant Nokia would be entering the PC sector by launching a line of low-cost netbook PCs. [ID:nL0545102] "I don't expect the market to fluctuate too wildly now," said Kevin Huang, a fund manager at King's Town bank. "There's a general sense that the market has gotten too far ahead of itself, and it's unlikely we'll deviate much from around 6,500." HOT STOCKS -- Acer <2353.tw> also rode the upbeat momentum to close 1.4 percent higher after BNP Paribas upgraded the stock to a "buy" from a "hold", saying it expects the firm to gain market share. [ID:nTP46147] Smaller rival Asustek <2357.tw> climbed, rising 0.96 percent. Asustek posted a second-quarter net loss as the market closed. [ID:nTPU001615] -- Medical-related plays such as China Chemical and Pharmaceutical <1701.tw> rose 5.6 percent after Taiwan's Centre for Disease Control confirmed more deaths from the H1N1 influenza. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day -0.42 percent Close on day 6,809.41 2009 intraday high 7,142.63 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] (Reporting by Kelvin Soh; Editing by Ken Wills) ((kelvin.soh@thomsonreuters.com; +886 2 2508 0815; Reuters Messaging: kelvin.soh.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:
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stock / 32.863/494 / +6.8

14:46 24Aug09 RTRS-Taiwan stocks log best pct gain in 2 mths, techs up * HTC, Hon Hai up after tie-up plans with China Mobile * UMC, TSMC gain on report of better-than-expected growth * Formosa Plastic rallies on expansion, growing China demand (Updates indexes; Adds quotes) TAIPEI, Aug 24 (Reuters) - Taiwan stocks closed up 2.76 percent on Monday, boosted by technology shares such as HTC after China Mobile <0941.hk> announced plans to form alliances with the smartphone maker and other Taiwanese technology companies. The main TAIEX share index <.TWII> finished 183.45 points higher at 6,838.25, logging its best single day percentage rise in 2 months after an overnight rally on Wall Street on upbeat housing data and comment from U.S. Federal Reserve Chairman Ben Bernanke. Turnover was light at T$90 billion ($2.7 billion) compared with Friday's T$103 billion. Smartphone maker HTC <2498.tw> gained 1.81 percent after China Mobile, the world's top mobile carrier, said it aims to sign a series of deals with HTC and other Taiwanese technology companies. [ID:nTP278444] The electronics sub-index <.TELI> was up 2.39 percent. "The positive outlook on the U.S. economy was the major force behind today's rally," said Michael On, a managing director at Beyond Asset Management. A surprising rise in home sales and a positive outlook from Bernanke pushed U.S. stocks to new 2009 high. At the Fed's annual conference last week, Bernanke gave his clearest signal yet that the global economy is emerging from a recession. [ID:nN2139655] "(The rally on Wall Street) combined with upbeat economic data at home, such as GDP, lead to a rally among market heavyweights such as Hon Hai," On said. Electronics parts giant Hon Hai <2317.tw>, the second-most active share by turnover, outperformed the main board to climb 4.76 percent after the company said it would work with China Mobile to manufacture e-books. Shares of Mediatek <2454.tw> advanced 0.11 percent after news of plans to jointly develop mobile phone chipsets with China Mobile. TSMC <2330.tw> and UMC <2303.tw>, the world's two largest contract chip makers, were the day's two most active shares by volume. UMC jumped by its 7 percent daily limit and TSMC rose 2.82 percent. The gains came after a local newspaper said UMC and TSMC were likely to post better-than-expected growth in fourth-quarter sales from the previous three months. However, concern over a possible reshuffle in President Ma Ying-jeou's administration, which has been criticised by the public for being slow in rescue efforts after Typhoon Morakot, could still weigh on the big board. "Political uncertainties dragged on the main board over the past three days, but I believe the negative factors will soon be priced in," On said. Shares of Formosa Plastics <1301.tw> shot up 4.05 percent after a local newspaper reported that the company would invest $174 million to expand its factory in the Chinese city of Ningbo as demand grows, signalling a possible rebound in the sector. Adding to the main index's gain were financial shares <.TFNI>, which recovered from a 7 percent loss over the last week to rise 4.16 percent. Cathay Financial <2882.tw>, the island's top listed
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STOCK / 32.906/ 620 / -6

14:55 21Aug09 -Taiwan stocks hit over 5-wk low, hurt by tech shares * Worries on China's tightened money policy trigger selling * Mediatek lead tech shares lower * TAIEX to trade between 6,700 and 6,800 points next week (Updates indexes, adds quotes and details) TAIPEI, Aug 21 (Reuters) - Taiwan stocks closed 1.16 percent lower on Friday, as worries about a volatile Chinese market offset Taiwan's upbeat GDP data, with Mediatek <2454.tw> leading technology shares lower. The main TAIEX share index <.TWII> was higher in early trade but reversed course to end 78.43 points lower at 6,654.80, its lowest close in more than five weeks, after a report about Chinese measures to tighten banks' capital rules triggered a sell-off. [ID:nSP529534][ID:nT252167] Mediatek, Taiwan's top chip designer and supplier and the market's most active stock by turnover, dropped 3.35 percent, pushing the electronics sub-index <.TELI> 1.17 percent lower. "The GDP was a short-term catalyst to the main index," said Kevin Chung, an analyst at Jih Sun Investment Consulting Co, who expected the TAIEX to consolidate for the next two weeks between 6,700 and 6,900. "Investors would continue to keep an eye on the volatile Chinese market, as China has become one of the most important indicators of the global economy." On an annualised basis, Taiwan's economy grew for the first time in over a year in the second quarter, and officials said they expected rising demand from China to support a strong recovery. [ID:nTP93790] Chung said investors are also waiting for economic data from larger economies such as the United States and China to help shape their impressions about the direction global markets will take. The TAIEX fell 5.87 percent this week, the worst weekly loss in one-and-a-half months, due to worries over a possible cabinet reshuffle and a sharp fall in Chinese stocks. Smartphone maker HTC <2498.tw> fell 0.60 percent after the company reportedly received cellphone orders from the world's largest mobile carrier, China Mobile <0941.hk>. China Airlines <2610.tw>, Taiwan's flagship carrier, fell 1.83 percent after the company told Reuters it could turn to profitability by the end of the year, helped by an increase in direct flights between Taiwan and China. [ID:nSP516875] Shares of Sinopac Financial <2890.tw>, a mid-sized financial holding firm in Taiwan, dropped 3.03 percent. The banking and insurance sub-index <.TFNI> fell 1.52 percent. Sinopac rose more than 1 percent earlier in the session after a newspaper reported the firm planned to raise T$50 billion ($1.5 billion) in preparation for acquisitions after Taiwan signs a financial services agreement with China. A positive outlook on the island's exports next year, largely due to an increase in demand from China, lifted some export-reliant technology shares such as Acer Inc <2353.tw>, the world's No. 3 PC brand. Acer shares rose 1.32 percent. ---------------------TAIEX IN PERSPECTIVE-------------------- Move on day -1.16 pct Close on day 6,654.80 2009 intraday high 7,142.63 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 -------------------------------------------------------------- ($1=T$32.9) 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/
Friday, 21 August 2009 14:55:36RTRS [nTP249792 ] {C}ENDS

stock / 32.966/ 781/ +0.45

14:13 20Aug09 RTRS-Taiwan stocks end at 5-week low on political fears * Political uncertainty triggers selling * Investors cautious ahead of Taiwan Q2 GDP * Chinatrust falls after dropping bid for AIG's Nan Shan * Asustek advances after launching smartphones (Adds quotes, details) TAIPEI, Aug 20 (Reuters) - Taiwan stocks fell 0.82 percent on Thursday to a five-week closing low as political uncertainty triggered selling among investors, with Chinatrust Financial <2891.tw> leading financial shares lower. The main TAIEX share index <.TWII> finished 55.35 points lower at 6,733.23, the lowest since July 14. Turnover was light at T$89 billion ($2.7 billion), slightly better than Wednesday's T$71 billion. Investors were also cautious before the release of second-quarter GDP data by the government after the market's close on Thursday. Chinatrust Financial, the second most active stock by volume, shed 3.68 percent after the top credit card issuer said it would likely pull out of a bid for AIG Taiwan insurance unit as its partner, Bain Capital, wants to exit the race. [ID:nLJ49104] "Political factors prompted foreign investors to pull out from the Taiwan market," said Alan Tseng, a vice-president of Capital Securities. Several Taiwan officials, including the defence minister, have offered to quit over criticism that the government was too slow in its response to Typhoon Morakot, which may have killed as many as 500 people. [ID:nTP98667] "But local investors seized the opportunity to scoop up technology shares, as most of them bet on a turnaround for the sector in the second half of the year," Tseng said. Chinese stocks <.SSEC> bounced back from a 4 percent loss in the previous session on Thursday, which helped to curb the main TAIEX's fall. "A rebound in Chinese stocks restored some confidence in the market, but people are not completely off their guard," said Tseng. A Reuters poll showed Taiwan's economy in the second quarter probably shrank by 7.5 percent from a year earlier, easing from a record fall in the first quarter with the help of an improvement in exports. [ID:nTP94467] The banking and insurance and sub-index <.TFNI> dropped 2.11 percent, with shares of Shin Kong Financial <2888.tw>, parent of Taiwan's No.3 insurer, dropping 3.17 percent before the firm's second-quarter investor conference after market close. The broader electronics sub-index <.TELI>, which edged down 0.22 percent, was more resistant to the fall as Asian electronics makers are forecasting a turnaround in the second half of this year on a pick-up in global demand. [ID:nBKK50069] Smartphone maker HTC Corp <2498.tw> dropped 1.33 percent after a local newspaper reported that AT&T had cancelled plans to launch an HTC smartphone model named Lancaster in the second half of this year. Mediatek <2454.tw>, the market's most active stock by turnover, reversed course to gain 1.06 percent after a newspaper reported that the chairman of China Mobile <0941.hk> would meet with the chip designer to promote China's homegrown TD-SCDMA 3G cellphone network. Electronic parts giant Hon Hai <2317.tw> rose 0.94 percent after the company reportedly received orders from Sony Corp <6758.t> to assemble TVs. Another bright spot was netbook pioneer Asustek <2357.tw>, which rose 0.97 percent after it said it would soon launch its own smartphone to increase its share of the fast-growing smartphone market. [ID:nTP89495] ---------------------TAIEX IN PERSPECTIVE-------------------- Move on day -0.82 pct Close on day 6,733.23 2009 intraday high 7,142.63 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 -------------------------------------------------------------- ($1=T$33) For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] ((Reporting by Joan Hsu; Editing by Chris Lewis)) ((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
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stock / 33.010 / 925

14:36 19Aug09 RTRS-Taiwan stocks end flat on political uncertainty * TAIEX gives up early gains as China market stumbles * Political uncertainty weighs on market sentiment * Wistron gains on expectations of new orders * Asustek up on prospect of growing demand (Updates indexes, quotes, details) TAIPEI, Aug 19 (Reuters) - Taiwan stocks retreated from early gains to end 0.02 percent lower on Wednesday, as worries over political uncertainty offset gains in contract notebook PC makers such as Wistron Corp <3231.tw> on expectations of new orders. The main TAIEX share index <.TWII> finished 1.19 points lower at 6,788.58, reaching a fresh one-month low. Turnover was light at T$71 billion ($2.2 billion), the lowest in nearly six months, as investors wary of a volatile Chinese market and a possible cabinet reshuffle. Wistron Corp, Taiwan's third-largest contract maker of laptops, jumped 0.92 percent after a local newspaper reported that the world's No. 4 PC brand Lenovo <0992.hk> will increase its laptop PC orders in Taiwan companies on the back of growing demand in China. [ID:nTP82819] "Investors maintained a wait-and-see stance after the sharp losses in the Chinese market in the past few days," said Tu Jin-lung, chairman of Grand Cathay Investment Service. "Investors perceived the cabinet reshuffle as a potential threat to the market's stability," said Tu. Taiwan President Ma Ying-jeou said on Tuesday the government would announce by early September whether anyone would be held responsible for delaying rescue efforts after Typhoon Morakot. [ID:nTP202685] [ID:nTP91111] Chinese stocks <.SSEC> fell more than 4 percent on Wednesday. Some investors said they were disappointed that regulators did not take steps to support the market after the key index fell as much as 19 percent over the past two weeks. [ID:BJD001076] Shares of Inventec Corp <2356.tw>, the world's No. 4 contract maker of laptop PCs, rose 0.27 percent after better-than-expected third quarter results from its client Hewlett-Packard Co , which reaffirmed that the demand is picking up in key markets such as the United States and China. [ID:nN18439102] Netbook pioneer Asustek <2357.tw> gained 1.57 percent after Goldman Sachs raised the company's target share price and upgraded its investment rating to "neutral" from "reduced" on the prospect of better earnings. AU Optronics <2409.tw> gained 0.3 percent, with LCD demand expected to remain robust in the third quarter. The optoelectronics sub-index <.TOPI> advanced 0.52 percent. Shares of electronics giant Hon Hai <2317.tw> rose 0.95 percent after a newspaper reported that the company had won low-end smartphone orders from Dell. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day -0.02 pct Close on day 6,788.58 2009 intraday high 7,142.63 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 -------------------------------------------------------------- ($1=T$33) 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/
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> Wednesday, 19 August 2009 14:36:38RTRS [nTP5638] {EN}ENDS

stock/ 32.964/658

14:13 18Aug09 RTRS-Taiwan stocks hit 1-mth closing low, led by UMC * Global economy fears and political worries hurt sentiment * TAIEX could pull back to 6,600 this week * Catcher falls after weak first-half reports * Hon Hai gains after Merrill Lynch upgrade (Updates indexes, adds quotes) TAIPEI, Aug 18 (Reuters) - Taiwan stocks fell 2.05 percent to a one-month closing low on Tuesday as worries over the global economy and a possible local cabinet reshuffle dented investor sentiment and pushed down tech shares such as UMC <2303.tw>. Taiwan's main TAIEX share index <.TWII> finished 142.03 points lower at 6,789.77, logging its worst single-day percentage fall in more than five weeks. Turnover was light at T$107 billion ($3.24 billion). United Microelectronics Corp (UMC) , the world's second-largest contract chip maker, fell 4.74 percent, adding to a 1.94 percent fall in the electronics sub-index <.TELI>. "Taiwan shares have been catching up with the falls on Wall Street and China stocks," said Kevin Chung, an analyst at Jih Sun Investment Consulting Co. "The main index could take this opportunity to pull back as much as 300 to 400 points to 6,600." Analysts said political worries could add more selling pressure on the TAIEX that has gained nearly 50 percent since the beginning of this year after hitting a trough in January amid the global financial crisis. A local newspaper reported that Taiwan's lawmakers have called for a cabinet reshuffle, political fallout for Taiwan President Ma Ying-jeou's administration, which has come under criticism for its relief efforts after Typhoon Morakot slammed into the island and killed more than 100 people. Analysts said the exchange's turnover reflected investors' doubts about the strength of the global economic recovery, despite data pointing to improved economic fundamentals. "Investors would like to get clearer guidance from more data and first-half corporate reports later this week," added Chung. Shares of Catcher Technology Co <2474.tw>, a manufacturer of laptop castings, dropped 3.85 percent after the company reported weak first-half earnings. However, Goldman Sachs expected the company to show improvement in sales in the third quarter due to increasing usage of its light metal casings. Shares of Chunghwa Picture Tubes Ltd (CPT) <2475.tw>, Taiwan's No.3 flat panel maker, fell 2.49 percent after a newspaper said the company forecast lower shipment growth due to a shortage in glass. Shares of Advanced Semiconductor Engineering <2311.tw> fell 1.52 percent as a water shortage in southern Taiwan caused by the typhoon affected manufacturing processes, a local newspaper said. Electronics parts giant Hon Hai <2317.tw> rose 0.48 percent. Merrill Lynch raised its target share price and upgraded its investment rating to "buy" from "neutral". Also bucking the trend, Wintek <2384.tw>, which supplies panels for mobile phones and digital cameras, gained 2.09 percent on a report that the company should expect earnings to improve in the third quarter due to growing demand in key markets such as China. ---------------------TAIEX IN PERSPECTIVE-------------------- Move on day -2.05 pct Close on day 6,789.77 2009 intraday high 7,142.63 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 -------------------------------------------------------------- ($1=T$33) 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
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stock / 32.985/806/ -/6.5

14:21 17Aug09 RTRS-Taiwan stocks end lower, hurt by tech exporters
* Weak U.S. consumer data weighs on technology shares
* Possible delay of China deal hurts banking shares
* TSMC falls after local newspaper reports on new orders

(Updates indexes, quotes)
TAIPEI, Aug 17 (Reuters) - Taiwan stocks closed 1.95 percent
lower on Monday, as weak consumer data from the United States
raised doubts about the strength of economic recovery, pressuring
export-reliant technology stocks such as Hon Hai <2317.TW>.
The main TAIEX share index <.TWII> finished 137.71 points
lower at 6,931.80, logging its worst daily percentage fall in
five weeks. Turnover was light at T$96 billion ($2.9 billion),
compared with T$125 billion on Friday.
Electronics parts giant Hon Hai, the market's most active
stock by turnover, lost 3.24 percent, pulling the electronics
sub-index <.TELI> 1.91 percent lower.
"Some foreign investors withdrew from risky bets after weak
consumer data in the United States," said Ernest Chiang, a fund
manager at IBT Asset Management.
Data from the Reuters/University of Michigan Surveys of
Consumers showed consumer confidence fell more than expected in
early August. [ID:nN14304812]
"But perhaps China stocks were the bigger influence, given
that China and Taiwan have had much closer trade ties since the
begining of this year," Chiang said.
China stocks slid more than 3 percent to their lowest in
seven weeks on Monday, on worries that the market's rally had got
ahead of the economic recovery. [ID:nBJD001065]
Financial shares <.TFNI> fell 2.28 percent, dragging on the
main board, with Cathay Financial <2882.TW>, the island's
top-listed financial holding firm, dropping 2.54 percent.
Taiwan President Ma Ying-jeou said during an interview with a
local newspaper that the signing of a FTA-like financial
agreement with China known as an Economic Cooperation Financial
Agreement (ECFA) probably would not take place until next year.
"A possible delay in the signing of the agreement probably
struck investors as bad news," Chiang added.
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) <2330.TW>
fell 1.87 percent, pushing the semiconductor sub-index
<.TSII> 1.81 percent lower.
Shares of the world's top contract chip maker declined even
after a newspaper said the company had received new orders from
Broadcom .
Shares of construction and steel companies also retreated as
investors locked in profits after their recent rally on hopes for
growing demand for resconstruction after a typhoon hit the
island.
The construction sub-index <.TCOI> fell 1.63 percent, while
the steel and iron sub-index <.TSTI> dropped 1.06 percent.
Typhoon Morakot struck Taiwan a week ago, killing more than
500 people and causing T$30 billion in losses. [ID:nSP438700]

---------------------TAIEX IN PERSPECTIVE--------------------
Move on day -1.95 pct
Close on day 6,931.80
2009 intraday high 7,142.63
2009 intraday low 4,164.19
All-time high 12,682.41 12 FEB 1990
--------------------------------------------------------------
($1=T$32.9)
For a table of foreign trading in Taiwan stocks, double-click
on [ID:nTP170358]
((Reporting by Joan Hsu; 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=>

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stock / 486

14:27 14Aug09 -Taiwan stocks hit 2-week closing high, Asustek up * Asustek up on hopes of stronger Q3 sales * AU gains on growing demand, Nomura upgrade * Siliconware falls after announcing investment in TMC * TAIEX to test 7,300 points next week, eyes on more H1 pfts (Updates to indexes, quotes and details) TAIPEI, Aug 14 (Reuters) - Taiwan stocks closed up 0.49 percent on Friday to a two-week closing high, led by gains in netbook pioneer Asustek <2357.tw> and other major technology shares due to expectations of stronger sales and earnings. The main TAIEX share index <.TWII> finished up 34.55 points at 7,069.51, a closing level not seen since July 31. The TAIEX wrapped up the day to post a near 3 percent gain for the week. Turnover was moderate at T$124 billion ($3.8 billion), compared with Thursday's T$120 billion. Asustek rose 3.67 percent, pushing the computer and peripheral sub-index <.TCPI> 1.22 percent higher. Goldman Sachs said in a report the company would make an operating profit after breaking even in the second quarter as it clears inventory and as demand picks up following the launch of Window 7. "It was quite encouraging for investors to see the main index has finally returned and stayed above the 7,000 level" after hovering around 6,800 points in the past week, said Chang Chi-sheng, a fund manager at Uni-President Asset Management. "But gains were limited as the main index tracked losses in China stocks and profit-taking pressure mounts." The Shanghai share index <.SSEC> extended early losses on Friday to fall about 3 percent, on concerns over an increased supply of shares amid new listing and rights issues. [ID:nBJD001061] Some major technology shares tracked gains among U.S. tech companies. TSMC <2330.tw>, the world's largest contract chip maker, rose 0.51 percent after positive earnings reports in the United States, a key export market for Taiwan companies. However, Mediatek <2454.tw>, Taiwan's biggest chip designer and supplier, gave up early gains to fall 3.11 percent after investors locked in recent profits. Chang said he expects the main index to test as high as 7,300 next week, but investors would likely remain cautious ahead of more first-half earnings reports by the end of August. Nomura raised ratings on major liquid crystal display (LCD) makers, including AU Optronics <2409.tw> and Chi Mei Optoelectronics Corp <3009.tw>, following its industry view upgrade. Shares of AU Optronics rose 0.85 percent, while its smaller rival Chi Mei Optoelectronics, reversed early gains to lose 0.55 percent, after Nomura raised them to "neutral" from "reduce". [nSEL000742] A local newspaper cited Citigroup as saying a possible drop in panel prices could be delayed to November from its previous forecast of September, due to a shortage after an earthquake disrupted glass production in Japan. Construction and steel shares rose after a local newspaper said Taiwan's cabinet had decided to set aside a special budget of up to T$200 billion for reconstruction after Typhoon Morakot left a path of destruction as it swept over the island. The construction sub-index <.TCOI> rose 1.63 percent and the steel sub-index <.TSTI> rose 1.61 percent. Shares of chip packager Siliconware <2325.tw> fell 1.05 percent. The company said on Thursday it would invest up to T$2 billion ($61 million) in Taiwan Memory Co (TMC). [ID:nTP160165] The government-backed TMC was officially established in late July, with an initial capital of T$500,000. TMC would use Elpida's technology to help rescue the island's struggling DRAM sector, which competes with global giants in South Korea. [ID:nTP104915] Shares of Fubon Financial Holding <2881.tw>, parent of Taiwan's No.2 insurer Fubon Life, closed 0.61 percent lower on news that the firm will participate in a fund-raising plan by China's Xiamen Commercial Bank by the end of the year. [ID:nTP155876] ---------------------TAIEX IN PERSPECTIVE-------------------- Move on day 0.49 pct Close on day 7,069.51 2009 intraday high 7,142.63 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB
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dlr

16:59 13Aug09 RTRS-Taiwan dollar off 2-wk closing low on fund inflows * Snaps five-session losing streak to rise on fund inflows * Tracks gains in regional currencies * Central bank intervention curbs gains * Taiwan dlr seen trading between T$32.7 and T$33.0 next week (Updates to close) TAIPEI, Aug 13 (Reuters) - The Taiwan dollar on Thursday rose from a two-week closing low in the previous session on Thursday as the U.S. Federal Reserve's positive comments about the U.S. economy triggered fund inflows to the island. "There's certainly a rise in investors' risk appetite, what the Fed said was too good to be ignored," said a dealer in Taipei, who expected the currency to trade between T$32.7 and T$33.0 next week. The Federal Reserve said on Wednesday that the U.S. economy was showing signs of levelling out two years after the onset of the deepest financial crisis in decades, which led to some U.S. dollar outflows. [ID:nN1272730] An improving U.S. economy was conducive for Taiwan as the island, like most of Asia, exports a lot of goods to the world's largest economy. Foreign institutions bought a net T$6.563 billion ($199 million) in Taiwan stocks, which helped boost the Taiwan dollar. The positive Fed comments boosted Taiwan stocks <.TWII>, which ended 1.97 percent higher on Thursday, logging its biggest daily percentage rise in 6 weeks. [ID:nTP198761] But dealers said intervention from the central bank curbed the local currency's gains. "The central bank bought U.S. dollars throughout the session at around T$32.8," the dealer said. The central bank prefers to keep the local currency relatively weak as part of efforts to help recession-hit exporters. The local currency took cues from the offshore non-deliverable forwards (NDFs) market, which widened on Thursday, indicating the market expects the currency to strengthen more than previously anticipated in half a year. 0800 GMT PREVIOUS DAY T$ (Taipei Forex Inc) 32.898 32.950 Volume in $ mln (Taipei Forex Inc) 938 1,009 T$ (Cosmos) 32.880 32.949 Six-month NDFs -0.460/-0.410 -0.400/-0.350 Note: Taipei Forex Inc is Taiwan's main forex exchange; Cosmos is a smaller exchange Source: NDFs quotations from Prebon Asia For more foreign exchange news, please click [nTOPFRX] (Reporting by Alice Chen and Joan Hsu; Editing by Jacqueline Wong) ((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging: gina.chang.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] [Z] [MF] [E] [D] [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: Thursday, 13 August 2009 16:59:16RTRS [nTP140371] {EN}ENDS

stock / dlr 32.898 / 938/ +6.6

14:29 13Aug09 RTRS-Taiwan stocks hit near 2-wk high on Fed, MSCI moves * Chinese Gamer, Prime View International gain on MSCI moves * Taiwan Cement falls despite promising outlook * Main index seen hovering around 6,800 next week (Updates indexes, add quotes, details) TAIPEI, Aug 13 (Reuters) -Taiwan stocks closed 1.97 percent higher on Thursday, thier biggest daily percentage rise in six weeks, boosted by upbeat comments from the U.S. Fed and MSCI adding Prime View International <8069.two> to its Taiwan index. The main TAIEX share index <.TWII> finished up 136.06 points at 7,034.96, a near two-week closing high. Turnover was light at T$124 billion ($3.77 billion), but higher than Wednesday's T$104 billion. Shares of Prime View International, which supplies flexible displays for electronic reading devices, gained 6.93 percent, while the electronics sub-index <.TELI> advanced 1.82 percent. Chinese Gamer <3083.two>, which was also added to MSCI's Taiwan index, jumped 3.13 percent. "The Federal Reserve's comments boosted market sentiment," said Bevan Yeh, a senior fund manager at Prudential Financial Securities Investment Trust. "But investors could still be wondering how fast and how steady the global economic recovery will be." The Federal Reserve said on Wednesday the U.S. economy was showing signs of leveling out and left its near-zero interest rate unchanged at the end of a two-day policy meeting. [ID:nN1272730] Major technology shares tracked gains on Wall Street. Taiwan Semiconductor Manufacturing (TSMC) <2330.tw> , the world's biggest contract chip maker and the market's most active stock by turnover, gained 1.9 percent. The banking and insurance sub-index <.TFNI> reclaimed some of the ground lost in the previous session, rising 2.88 percent. Shares of Cathay Financial <2882.tw>, the island's top listed financial holding firm, jumped 3.55 percent after a newspaper said Morgan Stanley had raised its target share price. Analysts said Taiwan stocks could hover around 6,800 points for the next two weeks, given the main index's recent rally. "Investors are relieved to see that recoveries in the world's two largest economies are picking up pace," said Karen Lin, a fund manager at Paradigm Asset Management. "But they will play it safe until more data and sales results convince them that the worst is over." HOT STOCKS -- Online game company Gamania Digital Entertainment Co Ltd <6180.two> rose as much as 1.8 percent by midday before ending up 0.68 percent. The company told Reuters it plans to launch new game titles and beef up its presence in China. [ID:nTP145252] -- Taiwan Cement <1101.tw> lost 0.27 percent after the company said it expected second-quarter net profit to surge more than 10 times from the first quarter as the effects of China's stimulus package kick in. [ID: nTP62035] ---------------------TAIEX IN PERSPECTIVE-------------------- Move on day 1.97 pct Close on day 7,034.96 2009 intraday high 7,142.63 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 -------------------------------------------------------------- ($1=T$32.9) For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] (Reporting by Joan Hsu; Editing by Jonathan Hopfner) ((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging: gina.chang.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.
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stock / dlr 32.950 / 1009 / -4.7

15:05 12Aug09 RTRS-Taiwan stocks end lower on banks, but AU jumps * Banks hit by fund-raising concerns # AU Optronics jumps as panel shortage seen intensifying * Acer up on better sales outlook (Updates indexes, quotes and details) TAIPEI, Aug 12 (Reuters) - Taiwan stocks closed down 0.15 percent on Wednesday as the rising death toll from Typhoon Morakot weighed on market sentiment and as financial shares including Cathay <2882.tw> tracked losses among their U.S. peers. The main TAIEX share index <.TWII> fell 10.12 points to 6,898.90, ending a three-day winning streak. Turnover was thin at T$103 billion ($3.1 billion), less than than Tuesday's T$107 billion. Cathay Financial, the island's top listed financial holding firm, dropped 0.52 percent, while the banking and insurance sub-index <.TFNI> fell 1.57 percent. "Fallout from the typhoon hit sentiment and a lack of new progress on the signing of a financial MOU with China weighed on financial shares," said Charles Shen, the president of Taishin Investment Trust Co. "But as long as technology shares continue to hold up, I don't expect to see a huge pullback in the near future." Shares of AU Optronics jumped 5.61 percent after an earthquake disrupted glass production in Japan, a move that analysts said could worsen the current LCD panel shortage. [ID:nSEO37071] AU's smaller rival Chi Mei Optoelectronics <3009.tw> also climbed, advancing 2.54 percent to a two-week closing high, roughly in line with the broader optoelectronics sub-index's <.TOPI> 2.18 percent gain. Other technology shares ending higher included the world's No. 3 PC maker Acer <2353.tw>, which gained 1.17 percent, after its chairman was quoted in a local newspaper as saying the fourth quarter would be better than the current one. Analysts said rises in PC shares could fuel the market's momentum in the second half of the year. "With Microsoft launching its Windows 7 system, I think notebook PC companies could be looking at a profitable fourth quarter," said Taishin's Shen. Financial shares <.TFNI> pressured the index, led by Cathay Financial, the parent of Taiwan's biggest insurer, due to a recent slew of fund-raising activity triggering doubts about the short-term health of financial holding companies, analysts and fund managers said. Cathay Financial said on Tuesday it planned to raise up to T$20 billion in a debt issue for future acquisitions. [ID:nTP355862] Shares of construction and steel companies ended lower, as investors locked in profits after their recent rally due on expected growing demand after a typhoon rattled the island. [ID:nSP522386] The construction sub-index <.TCOI> dropped 1.71 percent, while the steel and iron sub-index <.TSTI> fell 0.8 percent. China Life <2823.tw>, Taiwan's No.4 insurer, dropped 1.57 percent after it said it planned to form a joint venture with a Chinese company or buy a stake in an insurance firm on the mainland. [ID:nLB8105] ---------------------TAIEX IN PERSPECTIVE-------------------- Move on day -0.15 pct Close on day 6,898.90 2009 intraday high 7,142.63 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 -------------------------------------------------------------- ($1=T$32.9) For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] (Reporting by Joan Hsu; Editing by Jonathan Hopfner) ((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging: gina.chang.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/
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> Wednesday, 12 August 2009 15:05:00RTRS [nSEO203167] {EN}ENDS

stock / dlr 32.818 / 750/ +1.5

14:16 10Aug09 RTRS-Taiwan stocks end up; cement, construction lead gains * Cement and construction shares up after typhoon * TSMC up on improved July sales * UMC falls before reporting July sales * Nanya Tech up after upbeat Q3 outlook (Updates indexes and quotes) TAIPEI, Aug 10 (Reuters) - Taiwan stocks closed up 0.21 percent on Monday as investors bought cement and construction shares after a typhoon hit the island, while TSMC gained before the world's top contract chipmaker reported its July sales. The main TAIEX share index <.TWII> finished up 14.22 points at 6,882.87, with T$125 billion ($3.8 billion) worth of shares changing hands. Taiwan's stock market was closed on Friday because of a typhoon over the weekend. Taiwan Cement <1101.tw> rose 2.96 percent, pushing the cement sub-index <.TCMI> up 3.18 percent. The construction sub-index <.TCOI> gained 1.9 percent on hopes of rising demand for reconstruction in the short term. "Investors bought shares that they think would benefit from a rise in demand for reconstruction after the typhoon, but they know the gains are only temporary," said Alan Tseng, a vice-president at Capital Securities. "More investors are on the sideline as they await more economic data from the United States and China to reassure them that the economy is bottoming out." China is due to release a slew of economic data on Tuesday, including July's preliminary trade and industrial production data. Investors are also keeping an eye on the U.S. Federal Reserve, which will release a statement on Wednesday afternoon regarding interest rates and the economic outlook. [.N] Tseng said the main index also tracked gains on Wall Street after better-than-expected July jobs result released last Friday, boosting export-reliant technology shares such as Mediatek. Mediatek <2454.tw>, which supplies chips for mobile phones and TVs, surged 4.65 percent to its highest level since November 2007. The broader electronics sub-index <.TELI> gained 0.29 percent. The U.S. unemployment rate fell in July for the first time in 15 months as employers cut fewer jobs than expected. The data boosted export-reliant technology shares as investor demand for electronics devices is anticipated to rise after the global economy stabilises. [ID:nN07385157] Adding to the positive tone, TSMC <2330.tw> shares gained 1.76 percent, while the semiconductor sub-index <.TSII> rose 1.34 percent. The company said after the market closed that its July sales were down 1.9 percent from a year earlier but had improved from June, showing evidence of growing demand for technology products. [ID:nTPU001568] The advance also came after a newspaper reported that new-generation, low-priced laptops, known as smartbooks, were triggering demand for chips from top contract chipmakers such as TSMC and UMC. United Microelectronics Corp <2303.tw> edged down 0.36 percent. UMC, the world's No.2 contract computer chipmaker, is due to report its July sales later in the day. Nanya Technology <2408.tw>, Taiwan's No.2 DRAM chipmaker, jumped 3.99 percent after the company said on Thursday its bit growth could reach 10 to 20 percent in the third quarter. [ID:nTPU001565] However, the banking and insurance sub-index <.TFNI> dropped 0.53 percent, with Cathay Financial <2882.tw> down 1.51 percent as most financial holding companies are due to release their July earnings results after the market close. Also weighing on the main index were tourism shares, with Formosa Hotel <2707.tw> leading losses with a fall of 2.91 percent, pushing the tourism sub-index <.THOI> 3.27 percent lower. ---------------------TAIEX IN PERSPECTIVE-------------------- Move on day
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stock / 32.792/ 887 / -4.0

14:14 06Aug09 RTRS-Taiwan stocks rise as Fubon, UMC climb * Bank shares rise on hope of further warming in China ties * UMC jumps ahead of July sales report on Friday * First-half results will be in focus till end of Aug * Investors are worried China may shift its monetary policy (Updates indexes, adds quotes) By Joan Hsu TAIPEI, Aug 6 (Reuters) - Taiwan stocks closed 0.3 percent higher on Thursday in volatile trade, with financial shares such as Fubon Financial climbing after gains in their U.S. peers. The main TAIEX share index <.TWII> rose 20.41 points to 6,868.65, after climbing as much as 75 points during the session. The index had dropped 3 percent in the past two sessions. Fubon Financial <2881.tw>, Taiwan's No. 5 financial holding firm, rose 3.2 percent, while the banking and insurance sub-index <.TFNI> gained 1 percent. UMC <2303.tw> , the world's No.2 contract chip maker, ended up 3.75 percent. The company is set to report its July sales on Friday. "I expect the volatile trend to persist through the end of August, with investors eyeing first-half results," said Ernest Chiang, a fund manager at IBT Asset Management. "They know prices of some stocks did not reflect the earnings reports posted by companies lately, so they'll take a wait-and-see stance until the rest of the companies provide clearer guidance," he said. All Taiwan firms are asked to post their first-half results by end of this month. Chiang added that Taiwan stocks also tracked losses on Chinese stocks, which fell more than 3 percent earlier in the session as investors worried that a shift in China's monetary policy might affect market liquidity. That market recouped some of the losses in afternoon trade. "A change in direction in China's money policy weighed on Taiwan investors' sentiment," Chiang said. China's central bank said late on Wednesday in its monetary policy report for the second quarter that it would deploy a variety of tools to tweak monetary policy. [ID:ID:nPEK368445] Shares of smartphone HTC <2498.tw> rose 4.57 percent, recouping losses after falling nearly 20 percent in the past three sessions. China Unionpay is set to launch services in Taiwan on Friday, in the latest signs of warming ties across the Taiwan Straits. China Unionpay, controlled by the Chinese central bank, operates China's bank payment system and the national network linking up automatic teller machines around the country. LED maker lite-on Technology <2301.tw> rose 2.24 percent. The company has received an order for 140,000 traffic lights from the U.S. state of California, and the deal could boost the company's revenue from the sector to T$16 billion ($489 million) by 2011, a local newspaper reported. ----------------------TAIEX IN PERSPECTIVE------------------ Move on day 0.3 pct Close on day 6,868.65 2009 intraday high 7,142.63 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 -------------------------------------------------------------- ($1=T$32.7) 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
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stock / 32.720/ 754/ -2.7

14:10 05Aug09 RTRS-Taiwan stocks hit three-wk low, Chinatrust weighs * Chinatrust weighs after revising downwards H1 profit * Mediatek rises on upbeat Q3 outlook * Hon Hai up on report it has built PC plant in China (Updates quotes, indexes; adds details) TAIPEI, Aug 5 (Reuters) - Taiwan stocks fell 1.55 percent on Wednesday to a three-week closing low, with Chinatrust <2891.tw> leading banking stocks lower after it revised downward its first-half earnings. The main TAIEX share index <.TWII> finished down 107.63 points at 6,848.24, reaching its lowest level since July 17 and extending its loss from Tuesday and Wednesday to 3 percent. Chinatrust Financial, Taiwan's top credit card issuer, fell 5.53 percent to its lowest close since June 23, pushing the banking and insurance sub-index <.TFNI> 3.27 percent lower. Chinatrust Financial, Taiwan's top credit card issuer, revised its first-half profit down 93 percent due to additional provisions to compensate clients who bought structured notes tied to failed Lehman Brothers. [ID:nTP345019] Turnover was light at T$145 billion ($4.4 billion), less than Tuesday's T$160 billion, as investors stayed cautious ahead of major economic data in Taiwan. "The market has been rallying since the begining of June, and I think a correction is both healthy and necessary," said Kevin Chung, an analyst at Jih Sun Investment Consulting Co. The TAIEX had gained more than 11 percent since June 18, when it hit an intraday low at 6,100. Chung said the main index would trade in a tight range between 6,800 and 7,100 on thin volume for the rest of the week. "Investors seem to have run out of reasons to buy or sell, as most major companies have reported their quarterly earnings already," added Chung. Mediatek <2454.tw>, Taiwan's biggest chip designer, rose 4.64 percent after the company raised its cellphone chip shipment target, in another sign of a rebound in the technology sector. [ID:nTP271222] The broader electronic sub-index <.TELI> fell 1.3 percent. Electronics giant Hon Hai <2317.tw> gave up earlier gains to end down 1.35 percent. The company has built a laptop PC manufacturing plant in the Chinese city of Chongqing with an annual production at about 20 million units, to supply Hewlett Packard , a local newspaper said on Wednesday. ------------------------TAIEX IN PERSPECTIVE-------------------- Move on day -1.55 pct Close on day 6,848.24 2009 intraday high 7,142.63 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 -------------------------------------------------------------- ($1=T$32.7) For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] ((Reporting by Joan Hsu; Editing by Chris Lewis)) ((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
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dlr

17:17 04Aug09 RTRS-Taiwan dlr hit 2-mth high on fund inflows * Taiwan dollar highest since June 5 on foreign fund inflows * Importers, central bank cap Taiwan dollar gains * T$ seen trading between T$32.5 and T33.0 this week (Updates to close) TAIPEI, Aug 4 (Reuters) - The Taiwan dollar firmed to a two-month high on Tuesday, bolstered by foreign fund inflows into the equity market after an overnight rally on Wall Street boosted sentiment. "Foreign inflows and a weak U.S. dollar lent support to the local currency," said a dealer in Taipei. "But gains were offset by importers, who actively bought U.S dollars at around $32.60." The local currency extended three straight sessions of gains to close at T$32.674, the highest finish since reaching T$32.517 on June 5. The intraday high of T$32.674 is also the strongest since June 5. The Taiwan dollar also took a boost on the global U.S. dollar trend. The U.S. dollar was trading close to its lowest level this year against a basket of currencies <.DXY> on Tuesday after bullish global stocks and upbeat economic data from around the world lifted investor risk appetite. [ID:nT155625] Taiwan's central bank bought U.S. dollars to curb gains in the local currency as a way to help recession-hit exporters. Exporters usually prefer a weak Taiwan dollar so they can exchange U.S. dollar earnings into more of the local currency. The local currency also took cues from the offshore non-deliverable forwards (NDFs) market, which widened on Tuesday, indicating investors anticipated the Taiwan dollar to strengthen more than previously expected. Dealers said the Taiwan dollar would trade mainly between T$32.5 and T$33.0 this week. 0800 GMT MONDAY SESSION T$ (Taipei Forex Inc) 32.674 32.768 Volume in $ mln (Taipei Forex Inc) 734 656 T$ (Cosmos) 32.666 32.760 Six-month NDFs -0.590/-0.550 -0.520/-0.470 Note: Taipei Forex Inc is Taiwan's main forex exchange; Cosmos is a smaller exchange. Both markets close at 0800 GMT. Source: NDFs quotations from Prebon Asia For more foreign exchange news, please click (Reporting by Rachel Lee and Joan Hsu; Editing by Chris Lewis) ((gina.chang@thomsonreuters.com; +886 2 2508-0815; Reuters Messaging: gina.chang.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:[E] [Z] [MF] [M] [T] [D] [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: Tuesday, 04 August 2009 17:17:28RTRS [nTP261046] {EN}ENDS

stock / 32.674/ 734/ -2.1

14:32 04Aug09 RTRS-Taiwan stocks post worst drop in 3 wks, techs drop * Technology shares weigh on profit-taking * Mediatek falls ahead of its second-quarter results * D-link rises after signing agreement with Japanese firms (Updates quotes, hot stocks; Adds details) TAIPEI, Aug 4 (Reuters) - Taiwan stocks ended down 1.43 percent on Tuesday, posting their worst single-day percentage drop in more than three weeks, as investors locked in profits on Mediatek <2454.tw> and other technology shares. The main Taiwan TAIEX share index <.TWII> closed 100.84 points lower at 6,955.87, its worst percentage slide since July 13 and its lowest close since July 22. Turnover was moderate at T$160 ($4.9 billion), more than Monday's T$129 billion. Mediatek, Taiwan's top chip design house, fell 4.63 percent. It had gained 6 percent in the past week. Mediatek posted better-than-expected quarterly earnings and gave solid guidance for the third quarter after the market close on Tuesday. [ID:nTPU001556] "These shares have seen a sharp rally since the beginning of this year, and investors are not sure whether the uptrend would remain intact without stronger economic data and earnings," said Bevan Yeh, a senior fund manager at Prudential Financial Securities Investment Trust. "The main index will be consolidating till late August, because it had gained more than 50 percent since January," said Wang Kao-hsiung, an analyst at KGI Securities. "But let's not take the consolidation as a sign of a slowdown in economic recovery," Wang said. Analysts said technology shares are likely to take a breather until all companies report their first-half results at the end of August. Shares of UMC dropped 6.8 percent, after they had gained 5 percent in the past four sessions. The company is due to report its monthly earnings on Friday. HTC <2498.tw>, the world's No. 4 smartphone maker, plunged by its daily 7 percent limit for a second day after HTC slashed its revenue forecast for the year. [ID:nTP164858] Bucking the trend were shares of DRAM makers such as Nanya Technology Corp <2408.tw>, which shot up 4.03 percent. The gain comes after the Taiwan government said that Taiwan Memory Co (TMC), a government-funded computer memory chip firm aimed to restructure the ailing DRAM sector, was officially established at end of July. Also in the spotlight was wireless equipment maker D-Link <2332.tw>, which rose 0.34 percent. The company said it had signed an agreement with Sojitz Corp <2768.t> and Nissho Electronics of Japan to distribute its products in China and Southeast Asia. [ID:nTP187989] For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] --------------------TAIEX IN PERSPECTIVE-------------------- Move on day -1.43 pct Close on day 6955.87 2009 intraday high 7,142.63 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 -------------------------------------------------------------- ($1=T$32.7) (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/
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, 04 August 2009 14:32:41RTRS [nTP251825] {EN}ENDS

MJ 51st Bday

stock / 32.768/ 656/ +4.2

14:29 03Aug09 RTRS-Taiwan stocks end 0.3 pct lower, HTC plummets * HTC plunges after cutting sales forecast this year * Cathay up; report on due diligence on AIG's Taiwan insurer * Market eyes economic data in Taiwan and the United States * The main index seen in 6,900-7,200 range this week (Updates indexes, adds quotes, details) TAIPEI, Aug 3 (Reuters) - Taiwan stocks ended 0.3 percent lower on Monday, as smartphone maker HTC <2498.tw> led technology shares down after it slashed its revenue forecast for this year. The main TAIEX share index <.TWII> dropped 21 points to 7,056.71, after posting its sixth straight weekly gain in the previous week. Turnover was moderate at T$129 billion (3.9 billion) compared with Friday's T$158 billion, as investors were cautious ahead of economic data in the United States and Taiwan. Shares of HTC, the world's No.4 smartphone maker, plunged by its daily 7 percent maximum limit, pushing the broader electronics sub-index <.TELI> down 1.15 percent. The company drastically lowered its 2009 revenue forecast on Friday on a delay in the launch of new products and a faster-than-expected fall in unit shipments. [ID:nTP127931] "Two reasons were seen driving the main index down, one was HTC, the other was investors' profit-taking," said Michael On, managing director at Beyond Asset Management. "Investors were seen locking in profits in technology shares as most solid corporate earnings have been reflected in the recent rally." The technology sub-index has risen nearly 9.6 percent in the past month, outperforming the 7 percent rise in the main index. "We are expecting a fall in turnover this week as investors stay sidelined ahead of important economic data at home and in the United States," added On, who expects the main index to stage a pull-back and trade between 6,900 and 7,200 this week. The July jobless rate in the United States will be released on Friday, while Taiwan will announce July consumer price index and July forex reserves data on Wednesday. A Reuters poll showed that Taiwan's consumer prices in July is likely to fall 2.3 percent from a year earlier, the steepest decline in almost 40 years due to low food prices and sluggish domestic consumption. [ID:nTP150635] Analysts said Taiwan's consumer price index will log more falls later this year, but expected the falls to start narrowing due to an improvement in consumption as the economy recovers. While tech shares weakened, Beyond Asset's On said some investors were putting their money into blue chip stocks, such as financial and property shares. The banking and insurance sub-index <.TFNI> rose 0.82 percent, while Cathay Financial <2882.tw>, Taiwan's top listed financial holding firm, rose 2.58 percent. A local newspaper reported on Monday Cathay Financial sent 70 senior executives to AIG's Taiwan life insurance unit, Nan Shan Life, to perform due diligence last week, as part of a process to buy Nan Shan. Shares of AU Optronics <2409.tw> rose 1.1 percent after a local newspaper reported that AU will build a new module factory in northern China to help one of its subsidiaries to win more orders from Chinese electronics brands such as Haier <1169.hk>. --------------------TAIEX IN PERSPECTIVE-------------------- Move on day -0.3 percent Close on day 7,056.71 2009 intraday high 7,142.63 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] (Reporting by Joan Hsu, Editing by Jacqueline Wong) ((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> Monday, 03 August 2009 14:29:23RTRS [nTP168752] {EN}ENDS