Taiwan Stock Movers: Pegatron, Ruentex Development, Ta Chong

Shares of the following companies had unusual moves in Taiwan trading. Stock symbols are in parentheses and prices are as of the close in Taipei.

The benchmark Taiex Index rose 0.1 percent to 7,484.01.

Pegatron Corp. (4938) (4938 TT) gained 2.5 percent to NT$42.60. April sales more than doubled for the electronics maker, according to a company statement.

Ruentex Development Co. (9945) (9945 TT) dropped 1.7 percent to NT$42.25. April sales fell 32 percent from a year earlier to NT$403 million, according to a statement to the Taiwan stock exchange.

Ta Chong Bank Ltd. (2847) (2847 TT) lost 3.3 percent to NT$11.65, the most since April 17. April sales slid 8.6 percent to NT$660 million from a year earlier, it said in a statement to the stock exchange.

To contact the reporter on this story: Weiyi Lim in Singapore at wlim26@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

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