UMC (2303) closed @52.50 unc vol 29,330,434
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May 7 net purchase 12,604,000 shares
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TAIWAN WEIGHTED closed @ 5176.71 -53.22 (-1.02%)
Day's Range :5105.37 - 5256.79
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Chartered Semiconductor Manufacturing Ltd., the world's No. 3 maker of chips to companies' design, gained 4.4 percent to S$5.90 after J.P. Morgan semiconductor analyst Lucas Ward yesterday upgraded the Asian semiconductor industry to ``buy.
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Taiwan seen as winner from MSCI regional and emerging market indices adjustments. Via to Fubon, etc. could benefit from broader (85%) industry representation up to May 30, 2002. The MSCI Taiwan Index, with the potential for more than a dozen additional constituents (additions) and a couple deletions, is forecast to be a negligible loser in terms of percentage free float adjustments and broader industry representation, in the MSCI AC World Index (-6.3% weighting to a prospective 0.68% weighting on May 31, 2002). What is important is whether you, the institutional investor, follow the MSCI World Index or its regional or emerging market indices. This being said, Taiwan, on the other hand, is seen as a winner in the MSCI AC Asia Pacific Index (+18.6% weighting to 5.6% of the index), MSCI AC Asia Free ex-Japan (+31.1% to 25.8%), and the MSCI Emerging Market Free Index (+37.9% to approximately 13.9%), according to JPMorgan and MSCI information |
