Taiwan stocks end lower, Largan limit down on weak Q1
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:
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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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