The benchmark Taiex Index rose 0.1 percent to 7,662.92.
Solar, LED Stocks: Taiwan plans to allow state-owned Taiwan Power to raise electricity prices, Hwang Jung-chiou, vice minister of economic affairs, said yesterday. Everlight Electronics Co. (2393) (2393 TT) advanced 3.9 percent to NT$61.30, the biggest jump since March 8. E-Ton Solar Tech Ltd. (3452 TT) jumped 6.7 percent to NT$17.45, the highest close since March 27. Epistar Corp. (2448) (2448 TT) advanced 4.2 percent to NT$75, the biggest gain since March 22.
TPK Holding Co. (3673) (3673 TT) gained 2.4 percent to NT$458 after the Economic Daily News cited unnamed foreign investors as forecasting earnings will rise this year on growth in sales of large-sized touch panels. The company will hold an investors conference on first-quarter earnings on April 25. Chief Financial Officer Freddie Liu didn’t immediately answer calls to his office today.
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