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Business Briefs
STAFF WRITER WITH AGENCIES
Friday, Mar 16, 2007, Page 11
■ Shares, NT Dollar fall
Shares closed 1.66 percent higher in active trade yesterday, in line with the rebound in regional markets after Wall Street steadied to finish with moderate gains, dealers said.
The TAIEX rose 125.69 points at 7,695.69, on turnover of NT$126.26 billion (US$3.83 billion).
Risers led decliners 982 to 169, with 157 stocks unchanged.
On the foreign exchange market, the New Taiwan dollar fell to a one-month low against its US counterpart, as a rebound in global stock markets raised speculation traders will borrow it to invest in higher-yielding assets elsewhere.
The NT dollar declined NT$0.033 to close at NT$33.029 against the US dollar on the Taipei Forex Inc, on turnover of US$972 million.
■ Discounts flights announced
Airlines operating domestic flights announced yesterday to offer discounts on weekends to lure passengers from the high-speed rail back to the sky.
Starting this weekend until the end of next month, tickets of Far Eastern Air Transport Corp's (遠東航空) Taipei-Kaohsiung and Taipei-Tainan routes are priced at NT$1,510 and NT$1,350, down from NT$2,120 and NT$1,910, respectively.
TransAsia Airways Corp (復興航空) matched the price drop for Taipei-Tainan flights, and further cut its Taipei-Kaohsiung tickets to NT$1,490.
Uni Airways Corp (立榮航空) priced its Taipei-Kaohsiung flights at NT$1,510, and Taipei-Chiayi flights at NT$1,080, down from NT$1,900. Tickets for the Chiayi route on weekdays would be cut to NT$1,425.
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