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MSCI adds Yang Ming Marine to global standard indexes 05/12/2021 03:07 PM CNA file photo Taipei, May 12 (CNA) Yang Ming Marine Transport Corp., one of the leading container cargo service providers in Taiwan, has been added to the MSCI Global Standard Indexes after a semi-annual index review by global index provider MSCI Inc. In a statement released on its website early Wednesday (Taipei time), MSCI said that on the other hand, it has deleted computer periphery supplier Chicony Electronics Co. and property developer Highwealth Construction Co. from the MSCI Global Standard Indexes. MSCI said Y...

MSCI Global Standard Indexes adds Yang Ming STRONG SHOWING: Analysts said Yang Ming Marine Transport Corp was added thanks to its performance on the Taiwan Stock Exchange as freight rates rose Staff writer, with CNA Yang Ming Marine Transport Corp (陽明海運), one of the leading container cargo service providers in Taiwan, has been added to the MSCI Global Standard Indexes after a semi-annual review. In a statement on its Web site yesterday, the index provider said that it removed Yang Ming from the MSCI Global Small Cap Indexes, but added it to ...

Q1 results, cautious prospects send Largan shares lower 04/09/2021 02:49 PM CNA file photo Taipei, April 9 (CNA) Shares in Largan Precision Co., a supplier of smartphone camera lenses to Apple Inc., fell Friday, following disappointing results for the first quarter of the year as well as cautious guidance for the next few months due to a lack of production materials, dealers said. The fact local and foreign institutional investors have recently stood on the sell side for the stock also stirred up downward pressure throughout the session, they added. Shares in Largan lost 2.58 percent to close...

Largan to acquire stake in rival after IPR settlement 03/10/2021 11:34 AM CNA file photo Taipei, March 10 (CNA) Largan Precision Co., a supplier of smartphone camera lenses to Apple Inc., has decided to participate in a private placement planned by Ability Opto-Electronics Technology Co. to acquire a 15.2 percent stake in its rival. Largan made the announcement Tuesday on the Taiwan Stock Exchange, where shares of the company and Ability Opto-Electronics are traded, after the two sides reached a settlement last week to resolve their intellectual property right (IPR) disputes. Largan said the ...

Taiwan shares end higher but off early high 03/10/2021 04:49 PM CNA file photo Taipei, March 10 (CNA) Shares in Taiwan closed higher but came off an earlier high Wednesday as investors locked in profits ahead of stiff technical resistance at around 16,000 points, dealers said. Large cap semiconductor stocks suffered more obvious profit-taking during the session, while buying continued to rotate to the old economy and financial sectors to give the broader market a boost, they said. The Taiex, the weighted index of the Taiwan Stock Exchange (TWSE), ended up 58.58 points, or 0.37 percent, at 15,...