TAIEX closes little changed
The TAIEX closed little changed after a narrow range of fluctuation yesterday as the market encountered strong technical pressure ahead of the 7,200 point mark, dealers said.
Sentiment remained cautious amid uncertainty over the domestic political climate before tomorrow’s presidential election, while bond auctions planned by Spain and Italy also prevented many investors from buying stocks, the dealers said.
The TAIEX closed down 1.63 points, or 0.02 percent, at 7,186.58, after moving between 7,173.87 and 7,209.74, on turnover of NT$78.43 billion (US$2.62 billion).
CIOs favor tablets: survey
As many as 90 percent of Taiwanese chief information officers (CIOs) said they believed a company’s productivity and competitiveness would rise if employees are using tablets as an alternative electronics tool, according to a survey released yesterday by International Data Corp.
Among those using tablets for work, immediate access to e-mail, business-related Web browsing and running business applications are the top three purposes, said the survey, which polled 302 CIOs in August last year.
The healthcare, services and retail industries were the top three sectors favoring the use of tablets, the company said. It projected that global market size of tablets would enjoy a compound annual growth rate of 50 percent from last year to 2015, with total shipments hitting 135 million units in 2015.
Wistron issues convertible bond
Wistron Corp (緯創) is marketing a convertible bond that will raise as much as US$300 million, according to a person familiar with the details.
The zero-coupon three-year note will convert into shares listed on the Taiwan Stock Exchange at NT$49.3 to NT$51.4, said the person. The bond offers a conversion premium of 20 percent to 25 percent more than the company’s average closing price on the five days before pricing, the person said.
Peach to start flights to Taiwan
Peach Aviation Ltd, the low-cost carrier affiliate of All Nippon Airways Co, will begin flights to Taiwan and Hong Kong from Osaka, Japan, this summer, the carrier said in a statement yesterday
Gamania posts 22% sales rise
Online game publisher Gamania Digital Entertainment Co (遊戲橘子) posted consolidated sales of NT$653.48 million for last month, a 22.02 percent increase over November and a rise of 13.63 percent year-on-year.
Consolidated sales for the whole of last year hit a record high for the fourth consecutive year at NT$7.05 billion, marking a growth of 20.42 percent, according to a company statement released on Tuesday.
Gamania said it plans to launch three to five games in Taiwan this year to expand its user base.
FSC okays Waterland’s request
The Financial Supervisory Commission (FSC) yesterday agreed that Waterland Financial Holdings Co (國票金控) could inject NT$400 million in capital into its venture capital unit to set up a capital leasing company in Jiangsu Province, China. The commission also approved Taichung Commercial Bank’s (台中商銀) application to open a branch in Hong Kong.
Meanwhile, the GRETAI Securities Market plans to invite more companies to list this year, chairman Gordon Chen (陳樹) said yesterday. Last year, 52 firms applied to trade shares or issue Taiwan depositary receipts on the bourse.
NT dollar dips
The New Taiwan dollar fell against the US currency yesterday, down NT$0.003 to close at NT$30.002. Turnover totaled US$898 million during the trading session.