Tech shares lead Taiwan stocks to 5-1/2-mth high

Published: 24 Mar 2009 22:22:43 PST

TAIPEI, March 25 - Taiwan stocks rose 1.99 percent on Wednesday, up for a third day to its strongest close in 5-½ months, with Mediatek leading tech shares higher after a report said it could see record sales in March.

The main TAIEX share index ended 104.20 points higher at 5,346.38, its highest finish since Oct. 7.

Mediatek Inc, Taiwan's top chip designer and the third-most active share by turnover, jumped 5.76 percent, with the electronics sub-index up 2.71 percent. (US$1=T$33.9)