Title Taiwan Market Afternoon Commentary, SEP 7, 2010
  Taiwan Market Daily, September 7, 2010 (pre-market)
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Title:Taiwan Market Afternoon Commentary, JUL 29, 2010
Download File:Taiwan Market Afternoon Commentary 100729--sinopac.pdf 
 
Summary:TAIEX Remains in Consolidation

TAIEX +0.18% to 7798.99 on NT$119.13bn (US$3.73bn)
Tech -0.03% on 58% of trading; Financials +0.10% on 5%
Gretai -0.45% to 138.93 on NT$21.75bn (US$0.68bn)

FINI net bought NT$5.49bn
Domestic investment trusts net bought NT$0.07bn
Domestic investment trustts net sold NT$0.18bn

Taiwan Market Afternoon Commentary, July 29, 2010

TAIEX seesawed between gains and losses throughout the day as investors digested the following stories: 1) TSMC (2330 TT, NT$63) posted 2Q10 earnings at NT$40.3bn which is better than market estimation. 2) The share prices of Cheng Shin (2105 TT, NT$82.10) and Giant (9921 TT, NT$113) reached their record highs on strong demand from China. 3) Delta (2308 TT, NT$112.50) fell limit-down at market open on rumors of trading error. 4) Mediatek (2454 TT, NT$427) dropped on speculation that 3Q10 revenues and GM may decline. 5) SPIL (2325 TT, NT$32.20) sank on lower-than-expected 2Q10 results. 6) Realtek (2379 TT, NT$72.50) plunged on 2Q10 result miss. 7) TDRs surged after the Taiwan government announced to approve more overseas firms to list in Taiwan via TDR. 8) Taiwan Cement (1101 TT, NT$29.35) expects to see strong demand in 4Q10 due to reconstruction work and peak seasonality. 9) Yulon Motor (2201 TT, NT$36) denied the rumor that Dongfeng Motor (China) will purchase Yulon's shares. TAIEX gained 14.18 points, or 0.18%, to close at 7798.99 points with trading volume of NT$119.13bn. The average buy/sell size ratio was 6.24 lots to 5.61 lots.

[see pdf for full Afternoon Commentary]
  
Date:2010/07/29
Author:Vincent Chen
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