Bloomberg the Company & Products

Bloomberg Anywhere Login


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Taiwan Stocks: Largan, Novatek Microelectronics, Powertech

Feb. 10 (Bloomberg) -- 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 Taiex Index fell 0.6 percent to 7,862.27, snapping three days of gains. The benchmark index increased 1.6 percent this week, a fifth consecutive weekly advance.

Largan Precision Co. (3008 TT) slid 6.9 percent to NT$638, the biggest drop since Nov. 24. The lensmaker’s rating was cut to “sell” from “buy” at Citigroup Inc. and lowered to “hold” from “buy” at Yuanta Securities Co.

Novatek Microelectronics Corp. (3034 TT) slumped 7 percent to NT$85.70, the biggest drop since May 26, 2009. The integrated circuit maker was cut to “hold” from “buy” at Deutsche Bank AG.

Powertech Technology Inc. (6239 TT), an integrated circuit maker, sank 6.9 percent to NT$75.20, the biggest loss since Aug. 5. The stock was cut to “sell” from “buy” at Citigroup and lowered to “neutral” at Credit Suisse Group AG.

To contact the reporter on this story: Weiyi Lim in Singapore at

To contact the editor responsible for this story: Darren Boey at

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.