Taiwan stocks at 1-week high, tech shares gain

Published: 18 Jun 2009 21:42:01 PST

TAIPEI, June 19 - Taiwan stocks rose 1.41 percent on Friday to a one-week closing high, as upbeat U.S. data lifted technology and financial shares, but Powerchip slid as it tried to come to an agreement with bondholders.

The main TAIEX share index closed 86.62 points higher at 6,231.15, its highest close since June 12 and bouncing back from the previous session's 1-½ month low.

Powerchip ended down by its 7 percent daily limit. (US$1=T$32.9)