Taiwan Equity Movers: Quanta Computer, Hon Hai Precision
Taiex Index +0.2%; 301 stocks gain, 357 drop; +1.6% in August, biggest monthly gain since Feb.; MSCI Asia Pacific Index -0.5% today.
ADVANCER: * Quanta (2382 TT) +0.9%; 2Q net income NT$5.99b; analyst est. NT$5.38b; co. expects shipments of tablet PCs to reach 10m this year, from about 4m-5m last year, the Taipei-based Economic Daily News reports, without saying where it got the information
DECLINER: • Hon Hai (2317 TT) -0.9%; Sharp, Hon Hai fail to reach new terms, talks continue: Kyodo. Hon Hai may post NT$6.1b Sharp investment loss for 2Q: Barclays; the co. is due to report 1H earnings today
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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