UMC (2303)closed @29.50 -0.30 vol 58,812,313 +++++++++ October 22 net purchase 9,993,000 shares +++++++ TAIWAN WEIGHTED closed @ 3869.46 -31.16 (-0.80%) Day's Range :3868.92 - 3959.14 +++++++++++ In Singapore, Chartered Semiconductor Manufacturing Ltd, the third-largest maker of chips to companies' design, rose 4.2 percent to $3.50, halting a three-day, 8.2 percent decline. The stock gained after the company reported a smaller-than-expected third-quarter loss of $118.3 million.
``From the numbers, it's better than expected,'' said Gregory Yap, head of research at OCBC Investment Research Pte. ``They are making more progress on their cost savings and that should allay some concerns that the company may not be viable from a liquidity standpoint.'' |