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???. econ4u@daishin.com
?? ? ?? ??
???: 3Q???: ????? ??, ??? ?? ??
- ?????¡®??(BUY)¡¯??, ????? 12,500??? ??(13.6%)
- ?????? 15? 3?? ?? ??? 2,153??, ????? 183???? ????? ?? 16.6%,
192.9%? ?? ??
- ????? ???? ???? ????? 8.6% ??(??)? ??? ??? ???, ????? ???
??
???. john_park@daishin.com
2
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??? ??? ????
???
econ4u@daishin.com
10? ???, ???? ? ??(1.50%)?? ??
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- ??, 10? ???? ?? ??? ???? ???? ?? ???? ???, ? ??? ????
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??? ?/?? ??? ????(???? ??)? ??? ? ?? ??? ??. ????? ?/
?? ?? ??? ?? ? ????? ????? ???? ????? ??? ? ??? ??
??? ???? ??, ???? ???? ?? ??? ?? ??? ? ??? ?? ?????
? ??? ????? ???? ??? ? ??
?? 1. ?? ?????? ¨C ??? ???? ?? ?? ????? ????? ??? ????
2014?
?? ?? ?? ?? ?? ?? ??
3.3 2.3 3.0 2.7 3.3 3.0 3.2
- <2.4> <3.1> <2.8> <3.5> <3.2> <3.3>
1.8 1.6 2.1 1.8 2.4 2.1 2.2
- <1.7> <2.0> <1.8> <2.7> <2.8> <2.8>
5.8 5.4 6.1 5.7 4.6 5.0 4.8
- <5.2> <5.6> <5.4> <4.7> <6.5> <5.6>
4.6 1.3 3.3 2.3 3.3 2.2 2.7
- <2.1> <6.8> <4.5> <6.5> <3.4> <4.9>
1.0 1.2 7.7 4.6 4.7 2.2 3.3
- <1.0> <5.8> <3.6> <3.9> <1.3> <2.5>
2.3 -0.9 1.2 0.2 2.0 2.6 2.3
- <-1.0> <3.9> <1.5> <4.1> <1.9> <3.0>
1.2 0.4 1.4 0.9 1.9 1.8 1.8
- <0.7> <2.7> <1.7> <3.7> <2.9> <3.3>
????
????
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2015? 2016?
????
(% YoY)
GDP
????
????
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??: ????, ???? ?????
?1: < > ?? 2015? 7? ???
3
Earnings Preview
???
(091700)
3Q???: ?????
??, ??? ?? ??
???
john_park@daishin.com
???? BUY
??, ??
???? 12,500
??
????
(15.10.15) 9,760
?? ? ??????
?????¡®??(BUY)¡¯??, ????? 12,500??? ??(13.6%)
- 15? 3?? ??(??)? ?? ? ?? ???? ??? ??. 15?, 16? ?????(EPS)
? ???? ?? 0.4%, 9.8%? ??, ????? 12,500?(12M Forward EPS X ??
P/E 11.6? ??)?? ???? 13.6% ??. ????? ¡®??(BUY)¡¯ ??
- 3?? ?? ?? ? ??? ??, 16? ????? ???? ?? ??, ?? ???? ??
? ?? ??? ???? ???? ???? ?? ??
- ?????? 15? 3?? ?? ??? 2,153??, ????? 183???? ????? ?
? 16.6%, 192.9%? ?? ??. ???? ??? ????? ????? 17%, 41%? ?
? ??
- ??, ??? ?? ???
1) ????? ???? ???? ????? 8.6% ??(??)? ??? ??? ???, ?
???? ??? ??
2) ?????? ??? ?? ?? ??? ??, ??? ?? ?? ? ???? ?????
?? ???? ??? ??
3) ????, ?? ????? ??? ??? ?? ??, ??? ??? ??
- 15? 4??, 11? ??~12?? ????? ???? ???? ????? ??, ????
? ???? ????(?? 150??)? ?????? 15.2% ?? ??. ?? ?????
7.5%? ???? 1.2%p ??, 15? ????? 2.3%p ??. ??????
16? ????? 707???? ???? 32.1% ?? ?? ; ????? ASP ??
- ??, 16? ??(??)? ???? ?? ?? ?? ??. ??(8,978??)? ????(707?
?)? ???? ?? 12.0%, 32.1% ?? ?? 15? ??(?? +4.1% yoy), ???(???
? -19.2% yoy)? ??? ??? ??
- ????? ??? ??? ??? ??????? 16?? ?? ?? ? ??(5M ¡ú 8M)
? OIS(???????), ????? ?? ??? ??. ?? 5M? ?????(??)? ??
??? ??, ?? ?????? ?? ???? ?? ??????(ASP) ??, ???? ?
??? ?? ??. 16? ?????? 7.9%, ???? 1.2%p ?? ??
- ??, ??? ?? ? ???? ??? ??? ?? ????? ????? ??? ?? ?
? ??? ???? ??? ??
- ??, ??????(??, ???)? ????, ???? ??? ???? ???? ???
???? 15? 3?? ???? ??? ??? ??. 6???? ???? ????? ??
??? ??
(??: ???, %)
?? 3Q14 2Q15 3Q15(F) YoY QoQ
3Q15F
Consensus
Difference
(%)
??? 173 185 215 24.2 16.6 207 4.0
???? 12 6 18 48.4 192.9 15 26.0
??? 10 2 17 65.3 616.0 14 19.2
?? 2013 2014 2015(F)
Growth 2015(F)
Consensus
Difference
(%)2014 2015
??? 1,100 770 802 -30.0 4.1 798 0.5
???? 135 66 54 -50.9 -19.2 49 9.7
??? 106 48 42 -54.3 -13.6 40 4.7
??: ???, WISEfn, ???? ?????
KOSDAQ 676.05
???? 529???
?????? 0.28%
???(???) 27???
52? ??/?? 15,200? / 6,790?
120? ?????? 130??
?????? 15.44%
???? ??? ? 7 ? 25.47%
?????(%) 1M 3M 6M 12M
????? 12.3 17.0 -29.3 21.2
????? 10.8 31.8 -27.4 -2.2
-60
-40
-20
0
20
40
60
80
5
7
9
11
13
15
17
14.10 15.01 15.04 15.07 15.10
(%)(??) ???(?)
Relative to KOSDAQ(?)
4
?? ? ?? ??
? ????? ???? (??????: ??? ??) (??: ???)
?? 10/15 10/14 10/13 10/12 10/08 10? ?? 15? ??
?? -291.2 53.6 -33.1 -267.2 -203.1 -1,450 1,897
??? 38.2 -111.4 104.0 133.0 188.5 535 1,239
??? 232.3 38.8 -90.1 85.9 -37.8 640 -4,207
???? 134.9 23.1 82.1 122.0 176.4 673 -4,123
?? 22.6 -10.3 -15.6 -5.6 -166.6 -88 -935
?? -64.8 -56.1 -66.8 3.1 -78.2 -313 -4,539
?? 1.4 -6.1 -6.8 -1.9 -5.2 -4 -947
???? -2.5 0.3 -4.1 -2.4 5.0 -2 -94
??? 73.2 74.1 -44.6 -33.7 4.0 184 7,410
???? 49.0 14.5 -35.4 -0.3 26.2 162 -708
????? 18.4 -0.6 1.0 4.6 0.7 30 -272
??: Bloomberg
? ?? ????
???? ?? (??: ???)
??? ??
??? ?? ??? ?? ??? ?? ??? ??
??? 13.6 ???? 47.9 ???? 87.8 SK ???? 8.0
????? 12.6 SK ??? 12.4 LG ?? 17.4 NAVER 7.6
SK ???? 11.4 SK 11.2 ????? 14.7 ??? 7.4
???? 11.3 KB ?? 8.4 ????? 14.7 ???? 6.5
????? 11.1 ??? G 7.9 ???? 10.4 ???? 6.5
???? 8.7 LG 6.7 ???? 9.6 CJ CGV 6.5
NAVER 8.3 ???? 6.7 POSCO 9.1 ????? 6.1
CJ 7.5 ????? 6.3 ???? 8.9 ??? 6.0
???? 7.2 ?????? 6.2 ???? 8.8 CJ ???? 5.9
???? 7.1 GS 5.6 ?????? 8.4 CJ 5.8
??: KOSCOM
??? ?? (??: ???)
??? ??
??? ?? ??? ?? ??? ?? ??? ??
?????? 3.4 ??IPS 4.7 ???? 5.0 ??? 26.0
?????? 2.8 ??? 4.6 KH ?? 2.3 ????? 6.8
???? 2.7 ?????? 3.8 OCI ????? 2.2 ??? 2.2
?? 2.0 CJ E&M 3.2 ??????? 1.8 ??? 2.2
?? 2.0 ??? 1.8 ??? 1.8 ?????? 2.1
???? 1.8 ???? 1.4 ??????? 1.5 ??? 2.0
?? 1.8 CJ ??? 1.3 ?????? 1.4 CJ E&M 1.6
????? 1.6 ??? 1.2 ????? 1.3 ?? 1.4
??????? 1.6 ??? 1.1 ?? 1.3 ?? 1.4
KH ?? 1.4 ??? 1.0 ?? 1.2 ??? 1.1
??: KOSCOM
5
? ?? 5? ??? ? ?? ???, ??? ?? ??
??? (??: %, ???) ?? (??: %, ???)
??? ?? ??? ??? ?? ??? ??? ?? ??? ??? ?? ???
NAVER 75.6 1.4 SK??? 88.6 0.0 ???? 199.0 -0.1 SK???? 93.7 -2.1
??SDI 60.2 -0.5 SK 87.1 2.1 POSCO 107.8 1.9 ???? 66.5 -7.5
??? 56.9 3.2 ???? 41.2 -7.5 ???? 60.6 2.7 NAVER 45.9 1.4
???? 54.6 -0.1 POSCO 26.8 1.9 ??? 41.4 0.3 ?????? 38.3 -3.9
SK ???? 53.5 -2.1 KB?? 25.8 0.6 KB ?? 41.0 0.6 ??SDI 30.5 -0.5
KT 45.8 -0.7 LG 24.4 0.3 ???? 41.0 4.6 ?????? 28.0 -7.0
????? 31.6 8.9 ???G 22.3 -4.8 ????? 39.3 0.6 KT 24.5 -0.7
???? 30.6 3.0 ?? 21.2 -3.2 LG 34.2 0.3 ????? 23.4 2.7
??????? 29.9 0.3 ???? 19.8 2.7 ????? 32.2 8.9 SK??? 23.1 1.4
???? 27.5 4.3 ?? 15.9 6.4 ??????? 28.2 0.3 ???? 20.7 -16.1
??: KOSCOM ??: KOSCOM
? ?????? ??? ??? (??: ????)
?? 10/15 10/14 10/13 10/12 10/08 10? ?? 15? ??
?? 51.5 -113.4 91.6 113.1 142.4 454 885
?? 332.0 -62.6 77.0 322.7 30.5 940 4,131
?? -- 23.8 49.6 49.4 -6.7 410 4,023
?? 26.1 -26.1 -2.3 22.7 47.8 173 -2,899
????? -1.4 -- -25.4 22.8 49.7 150 -735
??? 1.5 -0.7 -24.1 0.9 -2.9 -27 -900
??? -1.2 2.0 -3.0 -4.9 35.4 42 204
?: ?? ??? ??? ??? ??? TWSE(Taiwan Stock Exchange) + GTSM(Gre Tai Securities Market)? ?? ????. GTSM? ????? ???? ???? General Board? ????
??? ?? ??? ?? ?? ??? ??. ??? ?? ??? General Board? ???? ?? ?? ??? ??
??: Bloomberg, ?? ?????
? Compliance Notice
¨¹ ? ??? ??? ??? ? ?????? ??? ? ?? ?? ? ??? ??? ??? ???? ??? ? ???? ??? ????
? ??? ??? ????? ??? ?? ?? ????? ?? ????? ??? ? ????.
¨¹ ?? ??? ?? ? ??? ???? ? ?????? ??? ????? ????.
¨¹ ? ???? ??? ??? ???? ?? ?? ?????? ??? ???? ???????.
? ??? ????? ?? ?3??? ?? ??? ??? ????.

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?????_????_151016

  • 1. 08 2015? 10? 16? ??? ????? ??. ????? ???? ??? ??? ???? - ?? 10? ??? ???? ??. ?? ??????? ???? ???? ???? ?? ?? ??? ?? - ????????? ?? 3%?? ???? ??? ??. ?? ??? ?? ???? ??? ???? ? ? ?? ??? ??? ???. ??? ???? ??? ? ?? ? - ??? ????? ??? ?? ??? ??? ??. ?????? ??? ?? ???? ?? ???? ? - ????? ?/?? ?? ??? ?? ? ????? ????? ???? ????? ??? ? ??? ? ??? ?? ???? ??? ??? ?? ??? ? ??? ?? ??? ???? ?? ??? ? ? ???. econ4u@daishin.com ?? ? ?? ?? ???: 3Q???: ????? ??, ??? ?? ?? - ?????¡®??(BUY)¡¯??, ????? 12,500??? ??(13.6%) - ?????? 15? 3?? ?? ??? 2,153??, ????? 183???? ????? ?? 16.6%, 192.9%? ?? ?? - ????? ???? ???? ????? 8.6% ??(??)? ??? ??? ???, ????? ??? ?? ???. john_park@daishin.com
  • 2. 2 ????? ??. ????? ???? ??? ??? ???? ??? econ4u@daishin.com 10? ???, ???? ? ??(1.50%)?? ?? - 10? ?? ???, ???? ? ??(1.50%)?? ??. ??? ?? ?? ????? ???? ???? ??? ??? ??. ??????? ????? ????? ???? ? ??? ?? ?? ?? ?? ?? ??? ?? - ?? ?? ????(? ???? ???, ?? ? ???? ???? ??)? ??? ? ?? ? ???? ????? ??? ???? ?? ????? ?? ??? ??? ??? ???? ? ??, ??? ?? ????? ??? ???? ???? ???? ?? ??? ???? ? ? ??? ??? ?? ??? ??? ?? ??? ?? - ??? ?? ????? ??? ??? ?? ???? ???? ?? ??? ???. ??? ? ??????? ?? ????? ??? ?? 3%? ?? ???? ??? ??? ??. ?? ? ?? ??? ?? ?? ???? ??? ???? ? ??? ????? ??? ??. ??? ? ??? ?? ??? ??? ???? ?? ??? ?? ??? ?? ???? ?? ???? ??? ??? ????? ?? - ????? ???? ????? ??? ???? ???? ?????? ??? ?? ???? ?? ???? ??? ????. ?? ????? ??? ???? ?? ??? ??? ???? ???? ??? ??? ??? ????? ??? ????? ??? ??? ??? ??? ? ??? ??? ???? ??? ??? ??? ???? ?? ??. ??? ?? ??? ??? ?? ??? ??????? ?? ??? ??? ? ??? - ??, 10? ???? ?? ??? ???? ???? ?? ???? ???, ? ??? ???? ???(???? ??)? ??? ???? ???? ???? ??? ???? ?? ? ?? ? ??? ?/?? ??? ????(???? ??)? ??? ? ?? ??? ??. ????? ?/ ?? ?? ??? ?? ? ????? ????? ???? ????? ??? ? ??? ?? ??? ???? ??, ???? ???? ?? ??? ?? ??? ? ??? ?? ????? ? ??? ????? ???? ??? ? ?? ?? 1. ?? ?????? ¨C ??? ???? ?? ?? ????? ????? ??? ???? 2014? ?? ?? ?? ?? ?? ?? ?? 3.3 2.3 3.0 2.7 3.3 3.0 3.2 - <2.4> <3.1> <2.8> <3.5> <3.2> <3.3> 1.8 1.6 2.1 1.8 2.4 2.1 2.2 - <1.7> <2.0> <1.8> <2.7> <2.8> <2.8> 5.8 5.4 6.1 5.7 4.6 5.0 4.8 - <5.2> <5.6> <5.4> <4.7> <6.5> <5.6> 4.6 1.3 3.3 2.3 3.3 2.2 2.7 - <2.1> <6.8> <4.5> <6.5> <3.4> <4.9> 1.0 1.2 7.7 4.6 4.7 2.2 3.3 - <1.0> <5.8> <3.6> <3.9> <1.3> <2.5> 2.3 -0.9 1.2 0.2 2.0 2.6 2.3 - <-1.0> <3.9> <1.5> <4.1> <1.9> <3.0> 1.2 0.4 1.4 0.9 1.9 1.8 1.8 - <0.7> <2.7> <1.7> <3.7> <2.9> <3.3> ???? ???? ???? 2015? 2016? ???? (% YoY) GDP ???? ???? ???????? ??: ????, ???? ????? ?1: < > ?? 2015? 7? ???
  • 3. 3 Earnings Preview ??? (091700) 3Q???: ????? ??, ??? ?? ?? ??? john_park@daishin.com ???? BUY ??, ?? ???? 12,500 ?? ???? (15.10.15) 9,760 ?? ? ?????? ?????¡®??(BUY)¡¯??, ????? 12,500??? ??(13.6%) - 15? 3?? ??(??)? ?? ? ?? ???? ??? ??. 15?, 16? ?????(EPS) ? ???? ?? 0.4%, 9.8%? ??, ????? 12,500?(12M Forward EPS X ?? P/E 11.6? ??)?? ???? 13.6% ??. ????? ¡®??(BUY)¡¯ ?? - 3?? ?? ?? ? ??? ??, 16? ????? ???? ?? ??, ?? ???? ?? ? ?? ??? ???? ???? ???? ?? ?? - ?????? 15? 3?? ?? ??? 2,153??, ????? 183???? ????? ? ? 16.6%, 192.9%? ?? ??. ???? ??? ????? ????? 17%, 41%? ? ? ?? - ??, ??? ?? ??? 1) ????? ???? ???? ????? 8.6% ??(??)? ??? ??? ???, ? ???? ??? ?? 2) ?????? ??? ?? ?? ??? ??, ??? ?? ?? ? ???? ????? ?? ???? ??? ?? 3) ????, ?? ????? ??? ??? ?? ??, ??? ??? ?? - 15? 4??, 11? ??~12?? ????? ???? ???? ????? ??, ???? ? ???? ????(?? 150??)? ?????? 15.2% ?? ??. ?? ????? 7.5%? ???? 1.2%p ??, 15? ????? 2.3%p ??. ?????? 16? ????? 707???? ???? 32.1% ?? ?? ; ????? ASP ?? - ??, 16? ??(??)? ???? ?? ?? ?? ??. ??(8,978??)? ????(707? ?)? ???? ?? 12.0%, 32.1% ?? ?? 15? ??(?? +4.1% yoy), ???(??? ? -19.2% yoy)? ??? ??? ?? - ????? ??? ??? ??? ??????? 16?? ?? ?? ? ??(5M ¡ú 8M) ? OIS(???????), ????? ?? ??? ??. ?? 5M? ?????(??)? ?? ??? ??, ?? ?????? ?? ???? ?? ??????(ASP) ??, ???? ? ??? ?? ??. 16? ?????? 7.9%, ???? 1.2%p ?? ?? - ??, ??? ?? ? ???? ??? ??? ?? ????? ????? ??? ?? ? ? ??? ???? ??? ?? - ??, ??????(??, ???)? ????, ???? ??? ???? ???? ??? ???? 15? 3?? ???? ??? ??? ??. 6???? ???? ????? ?? ??? ?? (??: ???, %) ?? 3Q14 2Q15 3Q15(F) YoY QoQ 3Q15F Consensus Difference (%) ??? 173 185 215 24.2 16.6 207 4.0 ???? 12 6 18 48.4 192.9 15 26.0 ??? 10 2 17 65.3 616.0 14 19.2 ?? 2013 2014 2015(F) Growth 2015(F) Consensus Difference (%)2014 2015 ??? 1,100 770 802 -30.0 4.1 798 0.5 ???? 135 66 54 -50.9 -19.2 49 9.7 ??? 106 48 42 -54.3 -13.6 40 4.7 ??: ???, WISEfn, ???? ????? KOSDAQ 676.05 ???? 529??? ?????? 0.28% ???(???) 27??? 52? ??/?? 15,200? / 6,790? 120? ?????? 130?? ?????? 15.44% ???? ??? ? 7 ? 25.47% ?????(%) 1M 3M 6M 12M ????? 12.3 17.0 -29.3 21.2 ????? 10.8 31.8 -27.4 -2.2 -60 -40 -20 0 20 40 60 80 5 7 9 11 13 15 17 14.10 15.01 15.04 15.07 15.10 (%)(??) ???(?) Relative to KOSDAQ(?)
  • 4. 4 ?? ? ?? ?? ? ????? ???? (??????: ??? ??) (??: ???) ?? 10/15 10/14 10/13 10/12 10/08 10? ?? 15? ?? ?? -291.2 53.6 -33.1 -267.2 -203.1 -1,450 1,897 ??? 38.2 -111.4 104.0 133.0 188.5 535 1,239 ??? 232.3 38.8 -90.1 85.9 -37.8 640 -4,207 ???? 134.9 23.1 82.1 122.0 176.4 673 -4,123 ?? 22.6 -10.3 -15.6 -5.6 -166.6 -88 -935 ?? -64.8 -56.1 -66.8 3.1 -78.2 -313 -4,539 ?? 1.4 -6.1 -6.8 -1.9 -5.2 -4 -947 ???? -2.5 0.3 -4.1 -2.4 5.0 -2 -94 ??? 73.2 74.1 -44.6 -33.7 4.0 184 7,410 ???? 49.0 14.5 -35.4 -0.3 26.2 162 -708 ????? 18.4 -0.6 1.0 4.6 0.7 30 -272 ??: Bloomberg ? ?? ???? ???? ?? (??: ???) ??? ?? ??? ?? ??? ?? ??? ?? ??? ?? ??? 13.6 ???? 47.9 ???? 87.8 SK ???? 8.0 ????? 12.6 SK ??? 12.4 LG ?? 17.4 NAVER 7.6 SK ???? 11.4 SK 11.2 ????? 14.7 ??? 7.4 ???? 11.3 KB ?? 8.4 ????? 14.7 ???? 6.5 ????? 11.1 ??? G 7.9 ???? 10.4 ???? 6.5 ???? 8.7 LG 6.7 ???? 9.6 CJ CGV 6.5 NAVER 8.3 ???? 6.7 POSCO 9.1 ????? 6.1 CJ 7.5 ????? 6.3 ???? 8.9 ??? 6.0 ???? 7.2 ?????? 6.2 ???? 8.8 CJ ???? 5.9 ???? 7.1 GS 5.6 ?????? 8.4 CJ 5.8 ??: KOSCOM ??? ?? (??: ???) ??? ?? ??? ?? ??? ?? ??? ?? ??? ?? ?????? 3.4 ??IPS 4.7 ???? 5.0 ??? 26.0 ?????? 2.8 ??? 4.6 KH ?? 2.3 ????? 6.8 ???? 2.7 ?????? 3.8 OCI ????? 2.2 ??? 2.2 ?? 2.0 CJ E&M 3.2 ??????? 1.8 ??? 2.2 ?? 2.0 ??? 1.8 ??? 1.8 ?????? 2.1 ???? 1.8 ???? 1.4 ??????? 1.5 ??? 2.0 ?? 1.8 CJ ??? 1.3 ?????? 1.4 CJ E&M 1.6 ????? 1.6 ??? 1.2 ????? 1.3 ?? 1.4 ??????? 1.6 ??? 1.1 ?? 1.3 ?? 1.4 KH ?? 1.4 ??? 1.0 ?? 1.2 ??? 1.1 ??: KOSCOM
  • 5. 5 ? ?? 5? ??? ? ?? ???, ??? ?? ?? ??? (??: %, ???) ?? (??: %, ???) ??? ?? ??? ??? ?? ??? ??? ?? ??? ??? ?? ??? NAVER 75.6 1.4 SK??? 88.6 0.0 ???? 199.0 -0.1 SK???? 93.7 -2.1 ??SDI 60.2 -0.5 SK 87.1 2.1 POSCO 107.8 1.9 ???? 66.5 -7.5 ??? 56.9 3.2 ???? 41.2 -7.5 ???? 60.6 2.7 NAVER 45.9 1.4 ???? 54.6 -0.1 POSCO 26.8 1.9 ??? 41.4 0.3 ?????? 38.3 -3.9 SK ???? 53.5 -2.1 KB?? 25.8 0.6 KB ?? 41.0 0.6 ??SDI 30.5 -0.5 KT 45.8 -0.7 LG 24.4 0.3 ???? 41.0 4.6 ?????? 28.0 -7.0 ????? 31.6 8.9 ???G 22.3 -4.8 ????? 39.3 0.6 KT 24.5 -0.7 ???? 30.6 3.0 ?? 21.2 -3.2 LG 34.2 0.3 ????? 23.4 2.7 ??????? 29.9 0.3 ???? 19.8 2.7 ????? 32.2 8.9 SK??? 23.1 1.4 ???? 27.5 4.3 ?? 15.9 6.4 ??????? 28.2 0.3 ???? 20.7 -16.1 ??: KOSCOM ??: KOSCOM ? ?????? ??? ??? (??: ????) ?? 10/15 10/14 10/13 10/12 10/08 10? ?? 15? ?? ?? 51.5 -113.4 91.6 113.1 142.4 454 885 ?? 332.0 -62.6 77.0 322.7 30.5 940 4,131 ?? -- 23.8 49.6 49.4 -6.7 410 4,023 ?? 26.1 -26.1 -2.3 22.7 47.8 173 -2,899 ????? -1.4 -- -25.4 22.8 49.7 150 -735 ??? 1.5 -0.7 -24.1 0.9 -2.9 -27 -900 ??? -1.2 2.0 -3.0 -4.9 35.4 42 204 ?: ?? ??? ??? ??? ??? TWSE(Taiwan Stock Exchange) + GTSM(Gre Tai Securities Market)? ?? ????. GTSM? ????? ???? ???? General Board? ???? ??? ?? ??? ?? ?? ??? ??. ??? ?? ??? General Board? ???? ?? ?? ??? ?? ??: Bloomberg, ?? ????? ? Compliance Notice ¨¹ ? ??? ??? ??? ? ?????? ??? ? ?? ?? ? ??? ??? ??? ???? ??? ? ???? ??? ???? ? ??? ??? ????? ??? ?? ?? ????? ?? ????? ??? ? ????. ¨¹ ?? ??? ?? ? ??? ???? ? ?????? ??? ????? ????. ¨¹ ? ???? ??? ??? ???? ?? ?? ?????? ??? ???? ???????. ? ??? ????? ?? ?3??? ?? ??? ??? ????.