32.350-32.290/ 1033/ -11.9

13:57 20Nov09 RTRS-Taiwan stocks hit 1-week closing low; TSMC falls * Weaker earnings at Dell hurt laptop PC makers * Mediatek jumps after patent arrangement with Qualcomm (Adds details) TAIPEI, Nov 20 (Reuters) - Taiwan stocks fell 1 percent on Friday to a one-week closing low, as investors shunned big technology names, including TSMC <2330.tw>, in a cautious mood on the strength of the technology sector's recovery. Taiwan's main TAIEX share index <.TWII> closed down 77.01 points at 7,682.97, following weakness on Wall Street. Turnover fell to T$133 billion ($4.1 billion) from T$137 billion in the previous day. Top contract chip maker TSMC , which sells the bulk of its chips to North America, dropped 1.9 percent, pulling the broader electronics sub-index <.TELI> 0.9 percent lower. The financial sub-index <.TFNI> fell 1.6 percent. "The U.S. markets were a bit volatile after recent gains but don't worry too much about that because the global economy is going in a direction that we think is okay," said John Chiu, a fund manager at Fuh Hwa Securities Investment Trust. Suppliers to Dell weakened after the U.S. PC maker posted falling quarterly earnings on lower-than-expected sales. [ID:nN19191886] Quanta Computer <2382.tw>, the world's top contract maker of laptop comptuers, fell 2.6 percent, and rival Compal Electronics <2324.tw> slid 1.9 percent. "Unless Christmas sales (of technology products) are very good, we don't think the market can rebound significantly," said Alex Huang, director of Mega Interational Securities. However, Huang said the TAIEX could see initial support at the 20-day moving average near 7,600 points next week. Chip desinger Mediatek <2454.tw> was a bright spot, jumping 1.7 percent after the company and Qualcomm entered into a patent arrangement. [ID:nWNAB8303] ---------------------TAIEX IN PERSPECTIVE------------------ Move on day -0.99 pct Close on day 7,682.97 2009 intraday high 7,811.92 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 ----------------------------------------------------------- (T$1= $32.4) (Reporting by Baker Li; Editing by Jonathan Hopfner) ((baker.li@thomsonreuters.com; +886 2 2508-0815; Reuters messaging: baker.li.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS] OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary [WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts TOP NEWS: For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: World Stocks <0#.index> Currency rates Dow Jones/NASDAQ <.DJI> <.IXIC> Nikkei <.N225> FTSE 100 <.FTSE> Debt <0#usbmk=> Taiwan dollar LME price overview TAIWAN MARKET: Taiwan equity mkt TAIEX <.TWII><.TV.TW> Other indices <0#.inx.tw> TAISDAQ <.TWOII><.TV.TWO> TAIMEX Taiwan index futures <0#tx:> MSCI Taiwan index <.MSTW> SIMEX Taiwan index futures <0#stw:> FTSE TW50 index <.FTSETW50> Keywords: MARKETS TAIWAN STOCKS
For Related News, Double Click on one of these codes:[E] [Z] [MF] [M] [T] [D] [PSC] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [STX] [EMRG] [LEN] [RTRS] [.TW] [.TWII] [.MSTW] For Relevant Price Information, Double Click on one of these codes:<.TWII> <.MSTW> Friday, 20 November 2009 13:57:59RTRS [nTP302593] {EN}ENDS

32.120/1309/ 18.6

14:32 17Nov09 RTRS-Taiwan stocks fall, financials down after China deal * TAIEX off near-17 month closing high * Financial shares weaken after recent rally * Chi Mei extends gains after Innolux deal (Updates indexes, adds quotes and details) TAIPEI, Nov 17 (Reuters) - Taiwan stocks ended down 0.76 percent on Tuesday as investors sold banking stocks, including Cathay Financial <2882.tw>, that had risen sharply ahead of the implementation of a financial services pact with China. Taiwan signed the much-anticipated agreement with China on Monday, allowing its banks to tap China's massive market and paving the way for banks on both sides to invest in each other. [ID:nTP239088] The main TAIEX share index <.TWII> closed down 59.47 points at 7,733.21, weighed down by a 2.49 percent fall in sub-index of financial companies <.TFNI>. Turnover spiked to a two-week high of T$146 billion ($4.5 billion) from Monday's T$123 billion. "The fall in financial shares was within expectations, with investors pocketing gains before the stocks pull back even further," said Bevan Yeh, said a senior fund manager at Prudential Securities Investment Trust. Cathay Financial, the island's top-listed financial holding firm, dropped 2.46 percent. Chinatrust Financial <2891.tw>, Taiwan's top credit card issuer, dropped 3.33 percent. Financial shares have jumped more than 50 percent so far this year on expectations the MOU will help banks establish a foothold in the Chinese market. The gain lifted the TAIEX up about 70 percent in the same period. Analysts said the MOU was merely a document acknowledging that Taiwan and China could open financial markets to each other, giving no details on whether Taiwan companies would be allowed into the mainland market. Details for Taiwanese and Chinese financial firms investing in each other are due to be discussed in a free trade-style pact, known as the economic cooperation framework agreement (ECFA), which is not expected to be signed until 2010. "The Taiwanese market could lose momentum amid a lack of fresh trading stimulus, as major events that helped uphold the main index's recent gains have already taken place," said Yeh. LCD makers offered support to the broader board, with Chi Mei Optoelectronics <3009.tw> up 6.72 percent. The stock has risen 14 percent in the past two days after it announced a merger with Innolux Display Corp <3481.tw> on Saturday. But analysts warned that LCD shares could be overbought and face selling pressure in the next couple of days. Innolux, the third most-active stock by volume and turnover, dropped 4.96 percent. TSMC <2330.tw> and UMC <2303.tw> helped curb losses, rising 0.32 percent and 0.59 percent, respectively, as they tracked gains by chip giant Intel and the Philadelphia semiconductor index <.SOXX>. The United States, Taiwan's second-largest export market, showed a brisk 1.4 percent rise in October retail sales, raising hopes upbeat consumer sentiment could boost holiday sales. [.N] Taiwan's top PC brand Acer <2353.tw> rose 0.73 percent and Asustek <2357.tw> 1.09 percent, respectively. ---------------------TAIEX IN PERSPECTIVE------------------ Move on day -0.76 pct Close on day 7,733.21 2009 intraday high 7,811.92 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 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
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32.339/1115/ +6.0

14:55 13Nov09 RTRS-Taiwan stocks end flat, LCDs offset falling banks * Banks lose steam after recent gains * LCD makers rally on stronger sales outlook next year * Chi Mei rises after reports of tie-ups with Hon Hai, AU (Updates indexes, adds quotes and details) TAIPEI, Nov 13 (Reuters) - Taiwan stocks slid 0.07 percent on Friday, snapping a five-session winning streak, as investors sold financial shares after recent gains, but LCD makers such as Chi Mei <3009.tw> curbed losses on prospects of improving demand. The main TAIEX share index <.TWII> edged down 5.3 points to end at 7,665.63, but finished the week 2.7 percent higher. Turnover was thin at T$91 billion ($2.8 billion), compared with T$112 billion on Thursday. Profit taking and a lack of fresh momentum for an expected financial agreement with China sparked selling in banking stocks such as Cathay Financial <2882.tw>, which ended 1.16 percent lower. Taiwan's top finance regulators reiterated in local newspaper reports on Friday that Taiwanese banks would not be immediately open to Chinese investments even after a financial memorandum of understanding (MOU) is signed by the two sides. "Sentiment cooled off following overnight losses on Wall Street and lack of progress on the financial MOU with China, but the thin trade prevented the main index from a bigger fall," said Vincent Ho, a fund manager at JP Morgan Asset Management. Some tech exporters slid on worries over slower consumer spending in the United States after retail giant Wal-Mart forecast earnings that could miss Wall Street's consensus estimates. Netbook pioneer Asustek <2357.tw> closed down 1.08 percent. But LCD stocks gained on stronger sales outlooks for 2010. AU Optronics <2409.tw>, the world's No.3 flat panel maker, jumped 1.77 percent, sending the optoelectronic sub-index <.TOPI> 1 percent higher. Chi Mei Optoelectronics extended its rally from the previous session, finishing up 4.44 percent. Chi Mei's gains were helped by media reports that AU and electronics parts giant Hon Hai <2317.tw> have approached it about a possible merger, analysts said. "Consensus for the LCD and the entire technology sector was much too pessimistic given lower inventory and positive October sales," said JP Morgan's Ho, referring to previous losses in the LCD shares. Research firm DisplaySearch said the global LCD market was likely to face a supply shortage from the second quarter of 2010 as demand picks up after the current seasonal weakness. [ID:nTP92187] In a report, HSBC <0005.hk> raised its forecasts for LCD TV shipments in 2010 on growing demand in markets such as China, Japan and the U.S. ---------------------TAIEX IN PERSPECTIVE-------------- Move on day -0.07 pct Close on day 7,665.63 2009 intraday high 7,811.92 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 ---------------------------------------------------------- ((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
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dlr

17:23 12Nov09 RTRS-Taiwan dollar softens on fund outflows, importers * Taiwan dollar falls after rising for six straight sessions * Investors cover short positions on stabilised U.S. dollar * Taiwan importers buys U.S. dollars at T$32.300 (Updates to close) TAIPEI, Nov 12 (Reuters) - The Taiwan dollar fell on Thursday, after rising for six straight sessions, as foreign investors and exporters bought U.S. dollars. Taiwan's currency reached T$32.223 to the U.S. dollar in early trade, its highest intraday price since Oct. 16, but reversed course to end lower at T$32.330. "The Taiwan dollar fell slightly as investors went short covering on the greenback, since it hadn't slumped any further," said a dealer in Taipei. Overseas, the U.S. dollar was little changed on Thursday, struggling amid growing calls for Asian currencies to trade more freely, meaning appreciate, but supported by profit-taking on recent gains in other currencies like the euro. [ID:nLC116740] Taiwan importers, who need foreign currency for cash needs overseas, bought U.S. dollars at the favourable rate of T$32.30, in turn pressuring it. The local currency was further pressured as the island's central bank bought U.S. dollars. The monetary authority keeps the Taiwan dollar in a managed float and buys U.S. dollars occasionally to head off fluctuations it deems excessive. In the offshore non-deliverable forwards (NDFs) market, six-month NDFs narrowed, indicating that the local currency is widely expected to strengthen by a smaller degree in half a year. 0800 GMT PREVIOUS SESSION T$ (Taipei Forex Inc) 32.330 32.310 Volume in $ mln (Taipei Forex Inc) 994 808 (Cosmos) 32.320 32.295 Six-month NDFs -0.690/0.640 -0.740/-0.690 Note: Taipei Forex Inc is Taiwan's main forex exchange; Cosmos is a smaller exchange. Both exchanges end trading at 0800 GMT Source: NDFs quotations from Prebon Asia For more foreign exchange news, please click [nTOPFRX] (Reporting by Joan Hsu and Roger Tung; 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:[M] [T] [E] [Z] [MF] [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, 12 November 2009 17:23:54RTRS [nTP227929] {EN}ENDS

32.330/ 994 / +6.0

14:54 12Nov09 RTRS-Taiwan stocks end flat; tourism shares, Chi Mei gain * Tech heavyweights lose steam following recent rallies * Tourism shares gain on hopes of more Chinese visitors * Innolux up as it seeks $1.5 bln loan for LCD expansion (Updates indexes; adds quotes and details) TAIPEI, Nov 12 (Reuters) - Taiwan stocks edged up 0.04 percent on Thursday as gains in tourism shares and LCD maker Chi Mei Optoelectronics <3009.tw> offset selling in tech heavyweights such as Hon Hai <2317.tw> following recent rallies. The main TAIEX share index <.TWII> climbed 2.87 points to end at 7,670.93, after rising for four straight sessions and hitting a 2-week closing high on Wednesday. "Foreign investors contributed to a steady inflow into the market based on overall bullish sentiment, but temptation to take profit grew following tech shares' recent gains," said John Chiu, a vice president at Fuh Hwa Securities Investment Trust. Turnover rose to T$111 billion ($3.44 billion) from Wednesday's T$102 billion. Analysts said attractive valuations and a strong sector outlook prompted buying in some LCD shares. LCD maker Chi Mei Optoelectronics surged 4.96 percent, helping push the broader optoelectronics sub-index <.TOPI> 0.58 percent higher. Innolux Display <3481.tw>, the world's No.2 LCD monitor maker, ended 0.64 percent higher. Innolux is set to sign a T$48 billion ($1.5 billion) syndicated loan with 19 banks next Tuesday, two sources with knowledge of the deal told Reuters on Wednesday. [ID:nTP285121]. Leofoo Development Co <2705.tw> and other tourism plays added gains to the broader board. Leofoo jumped more than 4 percent on a local newspaper report that more tourists from China were expected to visit the island next year. Electronics parts giant Hon Hai <2317.tw> dropped 1.13 percent on profit taking from a recent rally, helping send the electronics sub-index <.TELI> 0.08 percent lower. ProMos Tech <5387.two>, Taiwan's NO.3 DRAM memory chipmaker, slumped 6.7 percent on profit taking and negative sentiment after lawmakers vetoed a plan to inject government funds to state-backed chipmaker TIMC. Lower weighting on the MSCI Taiwan Index also prompted selling, analysts said. On Thursday, MSCI deleted 6 stocks from its Taiwan index, including chip designer VIA Technologies <2388.tw> and security services provider Taiwan Secom Co Ltd <9917.tw>. (Click [ID:nN11332167] for the list of MSCI deletions]) VIA Technologies slumped nearly 4 percent, while Taiwan Secom shed 3.13 percent. "Falls in shares that were kicked off Taiwan's MSCI list weighed on the overall market and kept some foreign and domestic investors on the sidelines," said Fuh Hwa's Chiu. ---------------------TAIEX IN PERSPECTIVE------------------ Move on day 0.04 pct Close on day 7,670.93 2009 intraday high 7,811.92 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 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
[Story not fully loaded, incomplete text]

DLR

17:01 11Nov09 RTRS-Taiwan dollar edges higher on exporters, fund inflows * T$ crawls to fresh 3-week high on inflows, exporters * T$ tracks upward-bound peers on positive data from China * Market reacts mildly to Taiwan's capital controls (Updates to close) TAIPEI, Nov 11 (Reuters) - The Taiwan dollar edged higher in skittish trade on Wednesday, supported by gains in local stocks and exporter sales of U.S. dollars, a day after the central bank took steps to ban currency speculation. The Taiwan dollar closed at T$32.310, its highest finish since Oct 20. "The Taiwan dollar was boosted by inflows to local stocks," said a dealer in Taipei. "It also tracked gains in some other Asian currencies on positive Chinese economic data." Inflows ame in part from foreign institutions, which bought a net T$11 billion ($340 million) in Taiwan stocks <.TWII>, helping push them up almost 1 percent. Exporter sales of U.S. dollars pushed the Taiwan dollar higher. Exporters seek the local currency for cash needs at home. Also supporting the local currency were favourable data from China, which buoyed the appeal of risky assets such as emerging Asian currencies. On Tuesday Taiwan banned foreign funds from investing in time deposits, a move that appeared to be aimed at deterring bets on currency appreciation. [ID:nTP305449] Market reaction to the ban was mild, as it was difficult to estimate the size of existing deposits and when they would mature. [ID:nSP13884] Taiwan's central bank, which keeps the currency in a managed float and steps in to control sudden fluctuations, bought U.S. dollars on Wednesday to head off any big gains, dealers said. 0800 GMT PREVIOUS SESSION T$ (Taipei Forex Inc) 32.310 32.349 Volume in $ mln (Taipei Forex Inc) 808 889 (Cosmos) 32.295 32.342 Six-month NDFs -0.740/-0.690 -0.740/-0.700 Note: Taipei Forex Inc is Taiwan's main forex exchange; Cosmos is a smaller exchange. Both exchanges end trading at 0800 GMT Source: NDFs quotations from Prebon Asia For more foreign exchange news, please click [nTOPFRX] (Reporting by Joan Hsu and Roger Tung; 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)) Keywords: MARKETS TAIWAN CURRENCY/
For Related News, Double Click on one of these codes:[M] [T] [E] [Z] [MF] [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: Wednesday, 11 November 2009 17:01:50RTRS [nTP341919] {EN}ENDS

32.310/808/ +10.9

14:45 11Nov09 RTRS-Taiwan stocks close at 2-wk high, TSMC lifts techs * Chipmakers rally; TSMC jumps following lawsuit settlement * Winbond gains on outsourcing agreement with Elpida (Updates indexes, adds quotes and details) TAIPEI, Nov 11 (Reuters) - Taiwan stocks ended up 0.98 percent at a fresh 2-week closing high on Wednesday, led by a rally in chipmaker TSMC <2330.tw> after it settled a lawsuit with rival SMIC <0981.hk>. The main TAIEX share index <.TWII> rose for a fourth straight session, finishing up 74.57 points at 7,668.06, its highest close since Oct. 26. TSMC <2330.tw> the world's largest contract chipmaker, jumped 2.81 percent after SMIC, China's largest contract chipmaker, said on Tuesday that it would pay $200 million and give the right to purchase up to 10 percent of the company to TSMC to settle lawsuits between the two. [ID:nTP302150] Its smaller rival UMC <2303.tw> jumped nearly 5 percent, sending the semiconductor sub-index <.TSII> 2.49 percent higher. "An alliance with SMIC could secure TSMC's leading position in the sector and help stabilise chip prices, thereby improving the health of the entire foundry sector," said Terry Kuo, a fund manager at Taishin Investment Trust Co Ltd. Dynamic random access memory (DRAM) chipmaker Winbond Electronics Corp <2344.tw> surged more than 6 percent on an outsourcing agreement with Japanese DRAM chip maker Elpida Memory <6665.t>. Analysts said the main index saw mild fund inflows after Taiwan banned foreign investors from putting money in time deposits as part of an effort to curb currency speculation. [ID: nTP305449] Turnover rose to T$102 billion ($3.15 billion), up from Tuesday's T$96 billion. The Taiwanese market has climbed more than 64 percent this year, and is currently the third-best performing index among 30 tracked by Thomson Reuters. But fears that there will be a delay in signing a much-anticipated financial pact with China may weigh on gains in the short-term, analysts said. "Foreign investors became less enthusiastic about Taiwan stocks amid a lack of fresh incentives to trade with quarterly results out of the way and a delay in several trade pacts with China," added Taishin's Kuo. On Tuesday, a local media report said Taiwan's premier wanted regulators to explain the details of the financial pact with China to legislators before they sign it [ID:nTP205565]. Investors have also been betting that closer ties with China would be good for Taiwan's technology exporters, analysts said. Netbook pioneer Asustek <2357.tw> jumped 1.57 percent after it signed a $350 million supply agreement with China's Suning Appliance Co <002024.sz>. [ID:nHKG297248] AU Optronics <2409.tw>, the world's No.3 LCD maker, advanced 1.13 percent after securing orders from a procurement delegation from China. ----------------------TAIEX IN PERSPECTIVE------------------ Move on day 0.98 pct Close on day 7,668.06 2009 intraday high 7,811.92 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 -------------------------------------------------------------- ((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=> 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] [MF] [Z] [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, 11 November 2009 14:45:58RTRS [nTP333517] {EN}ENDS

dlr

17:06 10Nov09 RTRS-Taiwan dlr at 3-wk high on inflows, exporters * T$ rises for 5th session on fund inflows, stocks * Low U.S. rates dent the greenback's safe-haven appeal * Central bank sells US$ to curb gains, dealers say (Updates to close) TAIPEI, Nov 10 (Reuters) - The Taiwan dollar rose for a fifth straight session to a three-week closing high on Tuesday due to foreign fund inflows, exporter deals and low greenback demand amid expectations that U.S. interest rates will stay low. The Taiwan dollar rose to T$32.277 in the morning but gave up some gains to end at T$32.349, the strongest close since Oct. 20. "The Taiwan dollar got a lift as the U.S. dollar weakens globally on low interest rates, with fund inflows in local equities and exporters deals adding further support," said a dealer in Taipei. On Tuesday, foreign institutions bought a net T$8.8 billion ($272 million) in Taiwan stocks <.TWII>, which rose 0.75 percent. Exporters also helped push the local currency higher as they actively bid for the Taiwan dollar between T$32.330 and T$32.360 for cash requirements at home, said dealers. In global markets, the U.S. dollar hovered near a 15-month low against a basket of currencies as expectations that U.S. interest rates are likely to stay near zero dampened appeal for the safe-haven greenback. [ID:nT292235] But the Taiwan dollar's strength was capped by the island central bank's purchases of the U.S. currency, dealers said. The monetary authority keeps the local currency in a controlled float and steps in to taper gains it considers excessive. 0800 GMT PREVIOUS SESSION T$ (Taipei Forex Inc) 32.349 32.365 Volume in $ mln (Taipei Forex Inc) 889 888 (Cosmos) 32.342 32.342 Six-month NDFs -0.740/-0.700 -0.850/-0.800 Note: Taipei Forex Inc is Taiwan's main forex exchange; Cosmos is a smaller exchange. Both exchanges end trading at 0800 GMT Source: NDFs quotations from Prebon Asia For more foreign exchange news, please click [nTOPFRX] (Reporting by Joan Hsu and Alice Chen; editing by Ken Wills) ((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] [E] [Z] [MF] [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, 10 November 2009 17:06:23RTRS [nTP293100] {EN}ENDS

32.349/889/ +8.8

14:38 10Nov09 RTRS-Taiwan stocks end at 2-wk high, HTC leads gains * HTC jumps on hopes of better Q4 revenue on stronger demand * UMC pairs gains after reporting weaker sales in October (Updates indexes, adds quotes and details) TAIPEI, Nov 10 (Reuters) - Taiwan stocks ended up 0.75 percent at a two-week closing high on Tuesday after a broad-based rally on Wall Street and positive exports data raised hopes for better demand, prompting buying in tech exporters such as HTC. The main TAIEX share index <.TWII> closed up 56.79 points to 7,593.49, rising for a third straight session and marking its highest finish since Oct. 27. Smartphone maker HTC <2498.tw>, the world's No.4 smartphone brand, was the most-active stock by turnover and jumped 3.43 percent, sending the electronics sub-index <.TELI> 0.98 percent higher. HTC said on Monday it expects fourth quarter revenue to jump more than 20 percent from the previous quarter, helped by stronger consumer demand ahead of the peak shopping season. [nTPU001839] Analysts said the main index also benefitted from increasing risk appetite as leaders of G20 countries pledged to keep stimulus measures in place for an extended period of time as part of efforts to help a nascent recovery. Turnover rose to T$96 billion ($3 billion) from Monday's T$77 billion, but was still insufficient to push the main index above 7,600 points as concerns over weaker earnings lingered. "Economic data have generally pointed to a firmer recovery, but part of that optimism has already been factored in by foreign buying previously," said Yu Rayming, the chief investment officer at Prudential Financial Securities Investment Trust. "There has been anticipation of some waning in momentum due to expections of weaker corporate earnings, especially in tech firms in the current quarter," said Yu. Taiwan logged its smallest percentage drop in exports in a year on Monday due to rising demand from China. [ID:nTP249578] UMC <2303.tw> , the world's second-largest contract chip maker, pared earlier gains to end the session 0.64 percent lower after it said on Monday that October sales rose 18 percent from a year earlier -- a result lower than a two-year high reached in September, showing signs of weakness in technology demand.[ID:nTP301633] UMC's larger rival TSMC <2330.tw> rose 0.83 percent after Wells Fargo raised its 2010 growth projection for chip makers [ID:nN09265661]. The semiconductor sub-index <.TSII> ended up 1.30 percent. While upstream tech giants could suffer from weaker corporate earnings in the fourth quarter, downstream tech companies could see a delay in sales slowdown ahead of the year-end holiday season, analysts said. PC makers Acer <2353.tw> and Asustek <2357.tw>, jumped 0.79 percent and 2.92 percent, respectively, lifting the computer and peripheral sub-index <.TCPI> 0.82 percent higher. Financial shares took a breather after their recent rally and as the timing and location for a signing ceremony for a cross-straits financial pact remained uncertain. [ID:nTP229390] The banking and insurance sub-index <.TFNI> inched down 0.07 percent. ---------------------TAIEX IN PERSPECTIVE----------------- Move on day 0.75 pct Close on day 7,593.49 2009 intraday high 7,811.92 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
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17:22 09Nov09 RTRS-Taiwan dollar near 3-wk high on fund inflows * Rising stocks trigger fund inflows * US$ falls globally after G20 officials hold back on action * Central bank buys U.S. dollars to pare gains (Updates to close) TAIPEI, Nov 9 (Reuters) - The Taiwan dollar rose for a fourth straight session to a near three-week high on Monday, spurred by exporter purchases of the currency and foreign fund inflows following gains in local stocks. The Taiwan dollar rose to as high as T$32.341 to the U.S. dollar before erasing some gains to end at T$32.365, the strongest close since Oct. 21. "Foreign investors in spot and offshore markets were unloading U.S. dollars, and the local currency is expected to track higher as demand for risky assets picks up on a stronger economy," said a dealer in Taipei. The Taiwan dollar is expected to trade between T$32.2 and T$32.5 this week, the dealer said. Foreign institutions were net buyers of Taiwan shares for a second session on Monday, grabbing T$5.8 billion ($179 million) in shares as the stock market <.TWII> finished up 0.99 percent. Exporters, who anticipated further gains in the Taiwan dollar amid optimism about a stronger global economy, offered U.S. dollars at T$32.400. At weaker rates, they can exchange more foreign currency, using Taiwan dollars for cash needs at home. The local currency also found support in a globally weaker U.S. dollar, after a meeting of the Group of 20 finance officials failed to take any concrete action to rebalance global flows or talk more specifically about the dollar's recent decline [ID:nLQ516726]. Pressuring the currency, Taiwan's central bank bought U.S. dollars on Monday as part of its effort to keep the currency from rising too rapidly, dealers said. The monetary authority keeps the currency in a managed float. 0800 GMT PREVIOUS SESSION T$ (Taipei Forex Inc) 32.365 32.509 Volume in $ mln (Taipei Forex Inc) 888 593 T$ (Cosmos) 32.342 32.495 Six-month NDFs -0.850/-0.800 -0.720/-0.700 Note: Taipei Forex Inc is Taiwan's main forex exchange; Cosmos is a smaller exchange. Both exchanges end trading at 0800 GMT Source: NDFs quotations from Prebon Asia For more foreign exchange news, please click [nTOPFRX] (Reporting by Joan Hsu and Argin Chang; 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/
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32.365/ 888/ +5.8

14:49 09Nov09 RTRS-Taiwan shares close above 1-wk high, banks lead * Financial shares, China-related plays outperform * HTC <2498.tw> leads techs higher on positive brokerage note * Investors cautious ahead of elections in early December (Updates indexes, adds quotes and details) TAIPEI, Nov 9 (Reuters) - Taiwan stocks rose 0.99 percent to their highest close in more than a week on Monday, as gains on Wall Street raised confidence in economic recovery, while banking issues like Cathay Financial <2882.tw> climbed on renewed hopes for warmer trade ties with China. The main TAIEX share index <.TWII> ended up 73.65 points at 7,536.70, its highest close since Oct 28. The banking and insurance sub-index <.TFNI>, the session's top gainer, jumped 2.65 percent. Cathay Financial, the island's top listed financial holding firm, advanced 2.38 percent. "The main index's gain was led by financial shares and MOU-driven," said Bevan Yeh, a senior fund manager at Prudential Financial Securities. "But the gains were less sharp than previously seen because the effect of an MOU (with China) has began to fade." Turnover fell to T$77 billion ($2.4 billion) on Monday, the thinnest in more than a month, as mood turned cautious ahead of mayoral elections in major cities in early December. China was ready to sign a much-anticipated financial services memorandum with Taiwan, local media reported on Monday, citing a Chinese official. [ID: nTP132601] The memorandum, which will mainly cover cross-border financial supervision, will allow Taiwan's banks to tap China's massive market and pave the way for banks in Taiwan and China to invest in each other. A procurement group from China's Jiangsu province, which is expected to buy about $2 billion worth of electronic products, further lifted positive sentiment, analysts said. That news, combined with hopes that an MOU with China will be inked soon, boosted many China-related shares. Taiwan Cement <1101.tw>, which has substantial investments in the mainland, was up 0.86 percent and China Petrochemical <1314.tw> rose 3.2 percent. Technology shares HTC <2498.tw> and AU Optronics <2409.tw> also led mild gains on hopes of better business in the fourth quarter. Smartphone maker HTC jumped 2.04 percent and was the most-active stock by turnover. Brokerage house Macquarie upgraded the stock to "outperform" from "underperform" as HTC's high-priced, feature-rich products still appeal to the upper end of the smartphone market. HTC is scheduled to hold a third-quarter investor conference and give guidance for the fourth quarter later in the day. AU Optronics, the world's No.3 flat-panel maker advanced 0.67 percent after research houses iSuppli and DisplaySearch forecast strong sales in the fourth quarter. But smaller rival Chi Mei Optoelectronics <3009.tw> ended the session 0.59 percent lower. "LCDs could benefit from a boost in demand in the fourth quarter, but good sales are expected to have a limited impact on their share prices as they are already high," said Prudential's Yeh. ---------------------TAIEX IN PERSPECTIVE------------------ Move on day 0.99 pct Close on day 7,536.70 2009 intraday high 7,811.92 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 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
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32.558/495/-3.3

14:18 04Nov09 RTRS-Taiwan shares log best gain in a mth, property plays up * Construction shares lead gains on report of no tax rise * TSMC wins lawsuit against SMIC, boosting stock * Powerchip, Nanya surge on positive October sales (Updates indexes, adds quotes and details) TAIPEI, Nov 4 (Reuters) - Taiwan stocks closed up 1.97 percent on Wednesday, logging the best daily gain in a month, as property shares such as Farglory <5522.tw> led gains on news the government will not levy higher property taxes in the near term. The main TAIEX share index <.TWII> closed up 144.11 points at 7,467.04, snapping a six-session losing streak and rebounding from a one-month closing low hit in the previous session. Turnover rose to T$98 billion ($3 billion) from Tuesday's T$79 billion, the thinnest in a month, as some investors piled into financial shares that have suffered losses recently. Construction shares rebounded from sharp falls over the past two sessions after a local newspaper reported that Taiwan's Premier had said the government would not levy a higher property tax in near term as economic recovery remained on shaky ground. Real estate developer Farglory surged 5.93 percent, while the construction sub-index <.TCOI> jumped 5.39 percent. "Construction shares were the main force behind today's rebound as Premier Wu's comments removed concern about a possible rise in property taxes," said Vincent Ho, a fund manager at JP Morgan Asset Management in Taiwan. "Financial shares also got a lift as bankers were worried that a higher property tax could fend off potential home buyers." Property shares have fallen about 9 percent over the past four sessions after Taiwan government officials voiced concer over skyrocketing housing prices and urged bankers to tighten rules on housing loans. Cathay Financial <2882.tw>, the island's top listed financial holding company, rose 3.13 percent, with the banking and insurance sub-index <.TFNI> up 3.31 percent. Taiwan is expected to sign a much-anticipated financial services pact with China within the month, a Taiwan government official said on Tuesday. [ID:nTP166124] Technology majors also joined the main board's rise, with TSMC <2330.tw> up 0.68 percent and UMC <2303.tw> up 1.28 percenty. The semiconductor sub-index <.TSII> rose 1.28 percent. Contract chipmaker TSMC was further encouraged after it won a lawsuit against Chinese integrated circuit maker Semiconductor Manufacturing International Corp <0981.hk> over the theft of trade secrets and patent infringement. [ID:nN03520791] The Semiconductor Industry Association said global semiconductor sales rose during the third-quarter and forecast upbeat full-year sales as chip demand increases along with unit sales of personal computers and cell phones. [ID:nBNG185611]. DRAM makers including Powerchip <5346.two> and Nanya Tech <2408.tw> were also in the spotlight -- both stocks surged nearly 7 percent on upbeat October sales and rising contract prices. [ID:nTP173792] ---------------------TAIEX IN PERSPECTIVE----------------- Move on day 1.97 pct Close on day 7,467.04 2009 intraday high 7,811.92 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 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 [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
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dlr

16:55 03Nov09 RTRS-Taiwan dlr falls for a 2nd session on outflows * Foreign funds, central bank push Taiwan dollar lower * Exporters support local currency (Updates to close) TAIPEI, Nov 3 (Reuters) - The Taiwan dollar erased early gains to end lower on Tuesday as declining local stocks triggered foreign fund outflows, but deals by exporters helped limit the local currency's losses. "There were consistent fund outflows in Taiwan stocks over the past few days, which pressured the local currency," said a dealer in Taipei. On Tuesday, foreign institutions sold a net T$10 billion ($307 million) of Taiwan stocks <.TWII>, which ended 0.17 percent lower. Foreign investors remained net sellers of Taiwan stocks in the past five days. [ID:nTP182785] The Taiwan dollar rose in the early session as stronger-than-expected manufacturing and pending home sales data in the United States revived investor risk appetite. Those gains were erased in the afternoon as the Taiwan dollar followed regional losses, dealers said. "The local currency tracked losses in the Australian dollar and other emerging Asian currencies in the afternoon," said the same dealer. In global markets, the Australian dollar slipped on Tuesday after the Reserve Bank of Australia raised interest rates by an expected 25 basis points, but was less hawkish than some had anticipated. [ID:nSYD114014] Taiwan's central bank was spotted buying U.S. dollars in the afternoon session to taper gains, as the authority prefers a weaker local currency to help exporters compete with regional peers, such as South Korea. Exporters, however, limited the local currency's fall. Dealers said exporters took advantage of the weakening Taiwan dollar to enter the markets to exchange into more of the local currency with their U.S.-dollar earnings. The local currency may trade in a boxed range between T$32.5 and T$32.6 as a series of meetings of major central banks could keep investors on the sideline, the dealer said. 0800 GMT PREVIOUS SESSION T$ (Taipei Forex Inc) 32.575 32.553 Volume in $ mln (Taipei Forex Inc) 907 666 T$ (Cosmos) 32.560 32.550 Six-month NDFs -0.670/-0.630 -0.650/-0.600 Note: Taipei Forex Inc is Taiwan's main forex exchange; Cosmos is a smaller exchange. Both exchanges end trading at 0800 GMT Source: NDFs quotations from Prebon Asia For more foreign exchange news, please click [nTOPFRX] (Reporting by 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:[M] [T] [E] [Z] [MF] [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, 03 November 2009 16:55:41RTRS [nTP289555] {EN}ENDS

32.575./ 907/ -10.1

14:23 03Nov09 RTRS-Taiwan stocks drift lower as tech shares weaken * TAIEX falls for 6th session, hits one-month closing low * Foreign selling weighs on technology shares * Construction firms fall after gov't plan to levy land taxes * TAIEX seen trading 7,200 and 7,500 points this week-analyst (Updates indexes, adds quotes and details) TAIPEI, Nov 3 (Reuters) - Taiwan stocks slipped 0.17 percent on Tuesday to a fresh one-month closing low as investors pocketed gains in technology companies such as Hon Hai <2317.tw>, which have benefitted from solid quarterly earnings. The main TAIEX share index <.TWII> finished 12.25 points lower at 7,322.93, extending a five-session losing streak. Turnover was thin at T$79 billion ($2.4 billion), compared with Monday's T$85 billion, as caution prevailed ahead of the U.S. Fed's interest rate meeting and comments. Foreign investors became net sellers in Taiwan stocks for the first time in seven months in October, selling a net T$12 billion ($368 million). [ID:nTP88553]. Analysts speculate that more foreign selling lead to Tuesday's losses. "Foreign investors selling in technology heavyweights have been pressuring the broader board over the past few weeks, and I expect their selling to continue for the next little while," said Kevin Chung, an analyst at Jih Sun Investment Consulting Co. Chung said he expects the TAIEX to trade around its 90-day moving average at 7,300 this week. Electronics parts giant Hon Hai declined 1.53 percent, sending the heavily weighted electronics sub-index <.TELI> down 0.29 percent. TSMC <2330.tw> and its smaller rival UMC <2303.tw> , the world's two largest contract chip makers, fell 1 percent and 1.88 percent, respectively. The semiconductor sub-index <.TSII> slipped 0.57 percent. Construction shares fell on a media report that Taiwan may levy higher land value taxes on property owners who do not live on site, as part of an effort to curb speculation in the housing market. Real estate developer Farglory <5522.tw> slipped 0.74 percent, while the construction sub-index <.TCOI> dropped 1.94 percent. "Risk averse investors have shifted their focus to defensive plays and shares that could benefit from a economic pact with China," said Chang Chi-sheng, a fund manager at Uni-President Asset Management. Taiwan and China are set to sign an free trade agreement-like deal some time next year and the much anticipated pact was seen behind the main index's 60 percent rally so far this year. HOT STOCKS -- Wistron Corp <3231.tw> gained 0.36 percent after a local newspaper reported that it plans to set up an LCD TV manufacturing complex in China, with construction set to start next month and to be completed in June next year. --Taiwan's Evergreen Marine <2603.tw>, the world's fourth-largest container line, declined 0.62 percent, after it posted a net loss of T$2.58 billion in the third quarter. [ID:nTPU001819] ---------------------TAIEX IN PERSPECTIVE---------------- Move on day -0.17 pct Close on day 7,322.93 2009 intraday high 7,811.92 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 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
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32.553/ 666 / -7.8

14:38 02Nov09 RTRS-Taiwan stocks end flat, Quanta rises on better outlook * TAIEX ends at one-month closing low * Hon Hai rises following solid Q3 results * Mediatek rises on positive brokerage notes * Banks, China plays fall on news of a delayed China pact (Updates indexes, adds quotes and details) TAIPEI, Nov 2 (Reuters) - Taiwan stocks erased most of their early losses to end flat on Monday, with technology companies such as Quanta <2382.tw> leading gains after the company reported solid quarterly earnings and forecast a stronger outlook. The main TAIEX share index <.TWII> inched down 4.9 points to close at 7,335.18, after hitting its lowest intraday level in 1-½ months in the early session as banks and China plays fell on the delayed negotiation of an economic pact with China. Quanta, the world's largest contract laptop PC maker, jumped 4 percent after it said it expected unit shipments to climb about 40 percent in 2010 due to strong demand. [ID:nTP351825] The electronics sub-index <.TELI> was up 0.07 percent. "We could bet on solid corporate earnings in the short term, but as the earnings season winds down, we need to bring our focus to economic fundamentals," said Eddy Chen, a vice president at National Investment Trust Co Ltd. Turnover was light at T$84 billion ($2.6 billion), compared with Friday's T$102 billion and last week's daily average of T$112 billion. Analysts said investors have grown cautious toward Taiwan stocks on concerns that economic growth won't be able to sustain the main index's 65 percent rally so far this year. "Investors would scrutinise economic data such as the ISM (Institute for Supply Management) report from the United State for further directions," said Chen. Financial shares and China plays were hurt by a local newspaper report that China had called off the fourth round of informal negotiations with Taiwan on a much anticipated free trade agreement-like deal called the Economic Cooperation Framework Agreement (ECFA). Chinatrust Financial <2891.tw>, the island's top credit card issuer, dropped 1 percent, sending the banking and insurance sub-index <.TFNI> down 0.12 percent. China plays, including tourism shares <.THOI> and transportation shares <.TTPI>, fell 0.74 percent and 0.88 percent, respectively. Technology shares shrugged off sharp losses on Wall Street, with electronics parts giant Hon Hai <2317.tw> rising 0.38 percent after it reported stronger-than-expected quarterly results on Friday. [ID:nTPU001816] Chip designer Mediatek <2454.tw> topped the list of most-active stocks by turnover, jumping 4.62 percent after Morgan Stanley and Merrill Lynch raised their ratings on the stock on strong demand for handset units and fair valuation. Mediatek said on Friday it expected its fourth quarter gross profit margins and sales to be slightly lower than the third quarter. [ID:nTPU001809]. But Powerchip <5346.two>, Taiwan's biggest DRAM chipmaker, slipped 4.56 percent after it reported a net loss for the past three months. [ID:nTPU001815] HOT STOCKS -- Taiwan's ASE <2311.tw>, the world's largest chip packaging and testing company, jumped 3.44 percent after it said on Friday it had increased its 2009 capex budget and posted a market-beating third-quarter net profit. [ID:nTPU001811] -- Senao <2450.tw> advanced 1.81 percent after analysts predicted its earnings per share to reach T$4.40 this year after the distributor of electronic products booked earnings per share of T$3.34 for the first three quarters of the year. ---------------------TAIEX IN PERSPECTIVE---------------- Move on day -0.07 pct Close on day 7,335.18 2009 intraday high 7,811.92 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] [M] [T] [D] [PSC] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [STX] [EMRG] [LEN] [RTRS] [.TW] [.TWII] [.MSTW] For Relevant Price Information, Double Click on one of these codes:<.TWII> <.MSTW> Monday, 02 November 2009 14:38:08RTRS [nTP156096] {EN}ENDS



DLR


16:39 02Nov09 RTRS-Taiwan dlr eases on fund outflows; exporters offset * Weaker local stocks trigger foreign fund outflows * Exporters sell U.S. currency at favourable prices * Taiwan dlr seen trading between T$32.5 and T$32.6 this week (Updates to close) TAIPEI, Nov 2 (Reuters) - The Taiwan dollar fell on Monday as weaker local stocks triggered fund outflows, but exporter deals curbed the local currency's losses. The Taiwan dollar dipped as low as T$32.685 in early trade, but erased some of those losses later in the session. "Exporters were waiting in line to sell their U.S. dollars, which helped offset outflows by foreign investors," said a dealer in Taipei. On Monday, foreign institutions sold a total T$7.8 billion ($240 million) worth of Taiwan stocks <.TWII>, which fell for a fifth straight session. Affecting sentiment locally, China called off the fourth round of informal negotiations with Taiwan on a free trade agreement-like deal called the Economic Cooperation Framework Agreement (ECFA), saying it needed more time to prepare, Taiwan's Commercial Times reported on Monday. Further pressuring the Taiwan market, the U.S. dollar clung to its gains as jittery investors cut back long positions in growth-linked currencies. [ID:nSYD434776] Dealers said the local currency should trade between T$32.5 and T$32.6 this week as investors monitor global stock markets and await more economic data to gauge direction for the Taiwan dollar. In the offshore non-deliverable forwards (NDFs) market, six-month NDFs narrowed on Monday, indicating that the local currency is widely expected to strengthen by a smaller degree in half a year. 0800 GMT PREVIOUS SESSION T$ (Taipei Forex Inc) 32.553 32.535 Volume in $ mln (Taipei Forex Inc) 666 616 T$ (Cosmos) 32.550 32.527 Six-month NDFs -0.650/-0.600 -0.690/-0.640 Note: Taipei Forex Inc is Taiwan's main forex exchange; Cosmos is a smaller exchange. Both exchanges end trading at 0800 GMT Source: NDFs quotations from Prebon Asia For more foreign exchange news, please click [nTOPFRX] (Reporting by 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] [D] [RNP] [DNP] [PTD] [PMF] [TW] [ASIA] [FRX] [EMRG] [LEN] [RTRS] [TWD/] [TWD=TP] For Relevant Price Information, Double Click on one of these codes: Monday, 02 November 2009 16:39:56RTRS [nTP119100] {EN}ENDS