Taiwan Stocks Open Higher Then Retreat, Optical Group Diverges
Taiwan stocks on the 27th opened higher then moved lower, opening up 54.98 points at 46942.75 points, reaching an early high of 47332.18 points, with buying momentum fading mid-session; as of 12:35 noon it was at 45966.61 points, down 74.82 points, or 0.16%. Optical component concept stocks diverged, with leader 大立光 at 6030 yuan, down 2.35%; 亞光 at 130.5 yuan, up 0.77%; 先進光 at 157 yuan, down 2.18%; 今國光 at 96.7 yuan, down 2.32%; 采鈺 at 436.5 yuan, down 0.34%.
玉晶光 Allies with 3M, Share Price Remains Strong
玉晶光 recently announced a strategic cooperation with global technology innovation leader 3M Group to jointly advance the R&D, manufacturing and capacity expansion of 3M expanded beam optical technology solutions; to support the cooperation, 3M is expected to participate in 玉晶光's private placement of new shares. Benefiting from this, 玉晶光's share price has been relatively strong recently, closing at the limit-up price of 1140 yuan on Wednesday the 21st last week and at 1160 yuan on Thursday, rising 11.54% for 2 consecutive days. The stock continued to surge in intraday trading today, at 1205 yuan, up 45 yuan, or 3.88%.
揚明光 Reports Q3 Earnings, Share Price Hit
揚明光 announced on Thursday the 23rd last week that its board of directors had approved the consolidated financial report for the first three quarters of this year, with third-quarter consolidated revenue of 7.46億元, up 1.09% quarter-on-quarter and up 15.32% year-on-year; gross margin of 16.8%, down 0.22% from last year, and earnings per share of 0.01 yuan; cumulative consolidated revenue for the first three quarters was 21.69億元, up 8.39% year-on-year, with net profit attributable to parent company owners of 1234萬元 and earnings per share of 0.11 yuan. 揚明光's share price fell in intraday trading today, at 66.7 yuan, down 1.9 yuan, or 2.77%.
28 Optical Stocks Mixed
According to 28 optical component or assembly electronics stocks listed on Yahoo! Stocks, intraday decliners of over 3% included 中華立鼎 down 3.05%, 晶瑞光 down 4.20%, 景傳 down 4.59%, 歐特明 down 4.83%, 聯一光 at 204 yuan, down 6.21%, and 耀穎 down 7.89%. Intraday gainers included 致伸 up 0.48%, 澤米 up 0.51%, 亞光 up 0.77%, 雷笛克光學 up 1.41%, 玉晶光 up 3.88%, and 欣普羅 up 6.15%, showing a mixed trend overall.