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Foxconn Int'l says unaware of any reason for stock jump

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Published: Thursday, 11 Oct 2012 | 10:32 PM ET

HONG KONG, Oct 12 (Reuters) - Foxconn International Holdings Ltd (FIH) , the world's biggest contract maker of cellphones, said on Friday it was unaware of any reason behind a sharp rise in its stock price.

Shares of FIH, which assembles handsets for the likes of Nokia Oyj , Huawei Technologies Co Ltd and ZTE Corp , rose more than 10 percent earlier in the day, extending a 17 percent gain the previous day.

The rise was attributed to a brokerage report from Daiwa Capital Markets saying that FIH was likely to get iPhone orders soon, even though it does not assemble Apple products now.

For a copy of the statement, please click

(Reporting by Lee Chyen Yee; Editing by Anne Marie Roantree)

((chyenyee.lee@thomsonreuters.com)(852)(2843-6901)(Reuters

Messaging: chyenyee.lee.reuters.com@reuters.net))

Keywords: FIH/STATEMENT

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HONG KONG, Oct 12- Foxconn International Holdings Ltd, the world's biggest contract maker of cellphones, said on Friday it was unaware of any reason behind a sharp rise in its stock price.
  Price   Change %Change
NOK ---
2038 ---

   
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