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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST

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To: DJBEINO who wrote (9352)6/5/2001 1:43:08 AM
From: DJBEINO  Read Replies (1) of 9582
 
UMC (2303) closed @52.00 +0.5 vol 12,471,000
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June 4 net purchase 3,218,000 shares
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TAIWAN WEIGHTED closed @ 5065.06 +79.95 (+1.60%)
Day's Range :4991.50 - 5065.06
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State measures lift Taiwan shares in early trade

TAIPEI, June 5 (Reuters) - Taiwan's main index reclaimed the key 5,000-points level in early trade on Tuesday after the Finance Ministry announced market stimulus measures.

However, turnover was thin at T$8.92 billion.

Taiwan's Ministry of Finance announced stimulus measures late on Monday to support the stock market and told local investors it was a good time to buy blue chips as a long-term investment.

In a statement, the ministry urged local securities financing institutions to lower their margin loan rates after recent cuts of key interest rates to reflect the actual cost and boost market momentum.
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