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Thursday, February 09, 2006

Smart Stock on the Move - February 9

Taiwan Stocks

  • Advanced Semiconductor Engineering Inc. (ASX): shares of semiconductor packaging and testing provider surged 10.14% on Citigroup upgrades from Hold to Buy. The stock ends the day with new 52 weeks high of $4.78 per share, up 22.56% from coverage price of $3.9 last December
  • GigaMedia Ltd. (GIGM): shares of broadband Internet service and digital entertainment provider rose 7.14% after straight sessions of losses which sends the stock from 52 week high of $5.63 back back to Wednesdays close of $4.06 per share within a month. The stock is now trading at $4.35 per share, up 61.11% from coverage price of $2.7 in December of last year.

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