Volume Spikes Up in Taiwan Semi (TSM)

Posted in pre-market 
October 9th, 2009

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) announced that its September unconsolidated sales fell by about 3% to NT$28.02 billion and consolidated sales were down 3% to NT$28.94 billion.  This actually meets its sales plabn though and shares are up marginally.  At 8:35 AM EST we have the NYSE ADRs trading up 0.3% at $9.95.  But the volume is on over 1.05 million shares and the average daily trading volume is 15.5 million shares.  The 52-week trading range is $5.80 to $11.94. -JON OGG

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