Taiwan Stock Movers: Powertech Industrial, Shin Kong, Wintek
The benchmark Taiex Index fell 1.1 percent to 7,927.55.
Powertech Industrial Co. (3296) (3296 TT) gained 3.8 percent to NT$26.25, the highest close since Feb. 23. The company said February sales jumped 129 percent from a year earlier to NT$293.8 million, according to a statement to the Taiwan Stock Exchange.
Shin Kong Financial Holding Co. (2888) (2888 TT) dropped 1.5 percent to NT$9.61, the lowest close since Feb. 7. The financial services company’s February sales fell 73 percent from a year earlier to NT$898.7 million, it said in a statement.
Wintek Corp. (2384) (2384 TT) advanced 0.8 percent to NT$25.70. The touch panel maker said February sales jumped 59 percent to NT$9.38 billion, according to a company statement.
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