Taiwan stocks end lower, Largan limit down on weak Q1

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Fri Feb 10, 2012 12:50am EST

TAIPEI, Feb 10 (Reuters) - Taiwan closed down fell
0.61 percent on Friday, joining declines in regional bourses
amid lingering concern over the Greek debt crisis and with Apple
Inc supplier Largan Precision Co Ltd down by
daily limit after a media report of weaker margins.	
    The main TAIEX index ended 48.51 points lower at
7,862.27. Property stocks topped gainers, while
department stores and electricals were the top
losers. 	
    Largan, a lens supplier for Apple and HTC Corp,
dropped 6.86 percent. It recorded a quarterly gross margin of
less than 40 percent for the first time and said it did not
expect business to pick up until the second quarter, the
Economic Daily reported.	
    United Microelectronics Corp, the world's No.2
contract chipmaker, slipped 0.66 percent. It said January sales
fell 15.5 percent from a year earlier. 	
    For a table on Taiwan corporate results in January, double
click on 	
    The Taiwan dollar stood at T$29.496 in early
afternoon trading, versus Thursday's close of T$29.495.	
    Foreign investors were net buyers on Thursday, bringing
their total buying to T$31.6 billion this month. 	
    	
    ASIA-PACIFIC STOCK MARKET REPORTS: 	
Pan-Asia......  Japan........  S.Korea.... 	
S.E. Asia............  Hong Kong...  China...... 	
Australia/NZ.........  India.......  	
    OTHER MARKETS:	
Wall Street........... Gold......... Currency.. 
Eurostocks........... Oil........... JP bonds... 
ADR Report.......... LME metals.. US bonds... 
Stocks News US... Stocks News Europe... 	
    DIARIES:    	
U.S. earnings diary  Wall Street Week Ahead   
Global Week Ahead      World forecasts   
Asia Macro data      
    TOP NEWS:	
Asian company news      U.S. company news    
European company news  Forex news           
Global economy news  Technology, media    
Financial services     Political risk         
A multimedia version of Reuters Top News is available at:	
topnews.session.rservices.com         	
    LIVE PRICES & DATA:	
World Stocks        Currency rates      	
Dow Jones/NASDAQ    Nikkei                	
FTSE 100                  Debt      	
Taiwan dollar              LME price overview    	
    TAIWAN EQUITY MARKET:	
Taiwan equity market  
TAIEX    	
Other indices  
TAISDAQ  	
TAIMEX Taiwan index futures <0#TX:> 	
MSCI Taiwan index   	
SIMEX Taiwan index futures <0#STW:>	
FTSE TW50 index 	
	
 (Reporting by Faith Hung; Editing by Chris Lewis)

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