The TAIEX closed little changed yesterday. AU Optronics Corp (
Taiwan Semiconductor Manufacturing Co (TSMC,
The TAIEX added 1.62 points to 6,386.25, extending a 1.8 percent gain from Tuesday. About two stocks rose for every one that fell. The Taiwan Futures Index shed 0.3 percent 6,367.
AU Optronics, the country's largest maker of flat-panel displays for personal computers, rose NT$1.10, or 2.3 percent, to NT$48.80. Chi Mei Optoelectronics Corp (
BNP Paribas cited better profit margins and improved product prices as the reasons for boosting its estimate. Overseas investors bought a net 118 million AU Optronics shares on Tuesday, according to the Taiwan Stock Exchange.
TSMC, the world's largest maker of computer chips on a subcontracting basis, shed NT$1, or 1.5 percent, to NT$67.50. It relies on the US for three-quarters of its sales.
United Microelectronics, its smaller rival, fell NT$0.10, or 0.3 percent, to NT$31.60.
About 7 billion shares valued at NT$151.6 billion (US$4.5 billion) traded, about 80 percent more than the three-month daily average.
Charoen Pokphand Enterprise (Taiwan) Co, a chicken farm unit of Thailand's Charoen Pokphand Food Pcl, gained NT$0.40, or 7 percent, to NT$6.15.
The company received orders for the first time from KFC stores in Hong Kong after supplies from other nations were disrupted, a newspaper reported.
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