Taiwan Glass Shares Rise Of Speculation It May Get AU Orders

Date: 23 February 2010
Source: Businessweek.com
Feb. 22 (Bloomberg) -- Taiwan Glass Industrial Corp. shares surged the most in more than a month on speculation it may get AU Optronics orders, said Randy Chang, a trader at KGI Securities Co.

Taiwan Glass climbed by 6.9 percent daily limit, the biggest advance since Jan. 6, to NT$28.60 as of 10:13 a.m. in Taipei trading, while Taiex index advanced 1.9 percent.  “AU may build a flat panel plant in China and investors think Taiwan Glass will get a big order from AU then,” said Chang by telephone in Taipei today. Read more here.Feb. 22 (Bloomberg) -- Taiwan Glass Industrial Corp. shares surged the most in more than a month on speculation it may get AU Optronics orders, said Randy Chang, a trader at KGI Securities Co.
 
Taiwan Glass climbed by 6.9 percent daily limit, the biggest advance since Jan. 6, to NT$28.60 as of 10:13 a.m. in Taipei trading, while Taiex index advanced 1.9 percent.
 
“AU may build a flat panel plant in China and investors think Taiwan Glass will get a big order from AU then,” said Chang by telephone in Taipei today.
 
Read more here.

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