Taiwan stocks flat, DRAM makers outperform

* DRAM makers gain on positive October sales and upbeat Q4

* Property and financial shares slip after their latest rally

* Thin turnover will hinder the TAIEX's gains -analysts

TAIPEI, Nov 5 - Taiwan stocks edged up 0.03 percent Thursday amid concerns over shrinking trade volumes, but computer memory chip makers such as Nanya Tech surged on positive October sales and an upbeat fourth-quarter outlook.

As of 0200 GMT, the main TAIEX share index had gained 1.46 points at 7,468.50. Turnover was thin at T$33 billion , compared with an average of T$50 billion during the first hour of trade.

"The upside to the market is very limited due to investors' lack of interest in trading," said Andrew Deng, an assistant vice president at Taiwan International Securities Group.

"The main index is characterised by rapid sector rotation, but DRAM makers have fared quite well recently as sector leaders strucked a positive tone on the fourth quarter."

Leading DRAM firms Nanya Tech and ProMos Tech jumped 6.91 percent and 3.32 percent, respectively.

Technology companies that support hardware for the budding cloud computing market such as Inventec also rose as they could become top choices for investment, a local newspaper reported.

Microsoft Corp and Taiwan's economic ministry said they plan to set up a cloud research centre on the island by next year, which could also benefit contract manufacturers such as Hon Hai and Quanta.

Hon Hai rose 0.38 percent, while Quanta edged up 0.15 percent.

Construction shares and financial shares were among the session's top losers, falling 0.74 percent and 0.61 percent, respectively, paring gains from their latest rallies.

HOT STOCK

-- Smartphone maker HTC Corp rose 2.38 percent after the company's CEO said he expected shipments and sales in the fourth quarter to be better than the third quarter after launching new models, a local newspaper reported.

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