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Updated Saturday, March 13, 2010 12:37 am TWN, Bloomberg

Taiex remains steady, tech still seeing gains

Taiwan's Taiex index was little changed at 7,748.33 at the close of Taipei trading. It gained 1.1 percent this week. Motech Industries Inc., Taiwan's largest solar-cell maker, rose 1.6 percent to NT$124, the second day of gains. Citigroup Inc. said in a report Motech and Gintech Energy Corp. are its top picks for Taiwan solar cell makers. Novatek Microelectronics Corp., Taiwan's largest maker of chips used in liquid-crystal-displays, advanced 1.9 percent to NT$100. The Economic Daily News reported the company's March sales may exceed NT$3 billion, citing analysts it didn't identify.

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