Thursday, April 03, 2008
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Equity News
Apr 2 2008 8:34AM
Taiwan stocks rise 2 pct on Wall St, president-elect~s plan
    (Updates indexes) 
    TAIPEI, April 2 (Reuters) - Taiwan stocks rose nearly 2 
percent on Wednesday following a jump on Wall Street and after 
president-elect Ma Ying-jeou said he wants to pass a revised 2008 
budget with more economic stimulus spending. 
    The main TAIEX share index <.TWII> had climbed 167.44 points 
to 8,587.16 at 0255 GMT, after major Wall Street indexes rose 
more than 3.5 percent on Tuesday. 
    The electronics sub-index <.TELI> gained 2.9 percent and the 
banking and insurance sub-index <.TFNI> was 2.4 percent higher. 
    Flat-panel maker AU Optronics <2409.TW> rose 3.4 percent. Its 
ADRs <AUO.N> surged 4.8 percent overnight. 
    AU and many other Taiwan technology companies export the 
majority of their products to the United States. 
     For a table of foreign trading in Taiwan stocks, 
double-click on [ID:nTP170358] 
 ($1=T$30.23) 
 (Reporting by Faith Hung; editing by Ken Wills) 
 ((Reuters Messaging: [email protected]; +886 2 
2508-0815)) 
    ASIA-PACIFIC STOCK MARKETS: 
 Pan-Asia......[STXNEWS/AS]  Japan........[.T]  S.Korea....[.KS] 
 S.E. Asia............[.SO]  Hong Kong...[.HK]  Taiwan.....[.TW] 
 Australia/NZ.........[.AX]  India1......[.BO]  China......[.SS] 
    OTHER MARKETS: 
 Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] 
 Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] 
 ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] 
 Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] 
    DIARIES & DATA: 
 IPO diary & data  <TW/IPOMENU>  Asia earnings diary [ASIA/EQTY] 
 U.S. earnings diary  [RESF/US]  European diary       [WEU/EQTY] 
 Taiwan diary        [TW/DIARY]  Wall Street Week Ahead   [.N/O] 
 Eurostocks Week Ahead  [.EU/O]  World forecasts   <EQUITYPOLL1> 
    TOP NEWS: 
    For top Asian company news, double click on:       [nTOPEQA] 
 U.S. company news    [TOP/EQU]  European company news [TOP/EQE] 
 Forex news           [TOP/FRX]  Global Economy news [TOP/MACRO] 
 Technology news     [TOP/TECH]  Telecoms news       [TOP/TELCO] 
 Media news         [TOP/MEDIA]  Banking news          [TOP/FIN] 
 Politics/General news  [TOP/G]  Asia Macro data     <ASIATODAY> 
 A multimedia version of Reuters Top News is available at: 
 http://topnews.session.rservices.com 
    LIVE PRICES & DATA: 
 World Stocks          <0#.INDEX>  Currency rates  <EFX=> <NFX=> 
 Dow Jones/NASDAQ  <.DJI> <.IXIC>  Nikkei                <.N225> 
 FTSE 100                 <.FTSE>  Debt     <0#USBMK=> <EURIBOR> 
 Taiwan dollar           <TWD=TP>  LME price overview    <RING=> 
    TAIWAN MARKET: 
 Taiwan equity mkt      <TW/MENU>  TAIEX         <.TWII><.TV.TW> 
 Other indices        <0#.INX.TW>  TAISDAQ     <.TWOII><.TV.TWO> 
 TAIMEX Taiwan index futures <0#TX:> MSCI Taiwan index   <.MSTW> 
 SIMEX Taiwan index futures <0#STW:> FTSE TW50 index <.FTSETW50> 
Keywords: MARKETS TAIWAN STOCKS  
  Source:   

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