Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Taiwan Stocks: Catcher Tech, Chimei Innolux, Quanta Computer

May 4 (Bloomberg) -- Shares of the following companies may had unusual moves in Taiwan trading. Stock symbols are in parentheses and prices are as of 1:30 p.m. close in Taipei.

The Taiex Index was little changed at 8,947.35.

Catcher Technology Co. (2474 TT) jumped 6.9 percent to NT$185.50, the highest since Oct. 23, 2007. The computer case maker’s share-price estimate was raised to NT$250 from NT$180 at Citigroup Inc., which maintained a “buy” rating on the company.

Chimei Innolux Corp. (3481 TT) dropped 2.4 percent to NT$28.30, the lowest level since March 3, 2009. Taiwan’s largest maker of liquid-crystal displays reported a first-quarter net loss of NT$13.8 billion ($483 million). The average analyst estimate compiled by Bloomberg was for a loss of NT$9.7 billion. The stock was cut to “neutral” from “buy” at Goldman Sachs Group Inc.

Quanta Computer Inc. (2382 TT) advanced 2.6 percent to NT$59.30, the highest since March 8. The laptop maker posted first-quarter net income of NT$5.7 billion, the company said in a statement yesterday. The average of 10 analyst estimates compiled by Bloomberg was for profit of NT$4.6 billion.

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.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.