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14:54 15Sep09 RTRS-CORRECTED-Taiwan stocks end higher, PC makers lead gains (Corrects to 14-month from 13-month in lead para) * Notebook PC makers gain on hopes of growing demand * Capital Securities up on news of acquisition (Updates indexes and quotes) TAIPEI, Sept 15 (Reuters) - Taiwan stocks rose 1.23 percent on Tuesday, hovering at a 14-month closing high, with PC makers such as Asustek <2357.tw> lifted by investor hopes of growing demand for portable PCs. The main TAIEX share index <.TWII> finished 89.31 points higher at 7,346.26, after posting its worst daily percentage drop in more than two weeks in the previous session. Turnover was thin at T$97 billion ($3 billion) compared with Monday's T$95 billion. Netbook pioneer Asustek was up 1.64 percent, pushing the computer and peripheral equipment sub-index <.TCPI> up 2.19 percent to a one-week high. Asustek Computer said on Monday it expects to ship 11-13 million portable PCs this year as demand increases in Europe and other markets. [ID:nTP126777] "Shares of Asustek rose as demand for portable PCs are seen rising in key markets, and other notebook PC makers share a similar view," said Angela Hsiang, an analyst at KGI Securities. Acer <2353.tw>, the world's No. 3 PC brand, jumped 3.38 percent. Hon Hai <2317.tw>, which assembles PCs for top U.S. brands, rose 2.45 percent. "Corporate demand is also expected to rise after the launch of Microsoft's Windows 7 operating system, and this could mean a boost in business for PC-related firms," said Hsiang. Financial shares <.TFNI> finished 1.01 percent higher, recouping losses from a bout of profit-taking in the previous session. Cathay Financial <2882.tw> climbed 0.95 percent. Investors ingored a media report that the signing a financial memorandum of understanding and a free trade-like agreement with China could be delayed. Capital Securities <6005.tw> rose 1.26 percent after Taiwan's seventh-largest broker said on Monday that it would acquire a financial firm as part of efforts to increase its book value, paving the way for more mergers. [ID:nTP127405] "The market is caught between investors unwillingness to buy as the TAIEX is hovering around a one-year high and reluctance to sell as the global economy is seen improving," said Tom Tang, a vice president at Masterlink Investment Advisory. ---------------------TAIEX IN PERSPECTIVE------------------ Move on day 1.23 pct Close on day 7,346.26 2009 intraday high 7,507.49 2009 intraday low 4,164.19 All-time high 12,682.41 12 FEB 1990 ------------------------------------------------------------- For a table of foreign trading in Taiwan stocks, double-click on [ID:nTP170358] (Reporting by Joan Hsu; Editing by Ken Wills) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS] OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU] DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary [WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts TOP NEWS: For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: World Stocks <0#.index> Currency rates Dow Jones/NASDAQ <.DJI> <.IXIC> Nikkei <.N225> FTSE 100 <.FTSE> Debt <0#usbmk=> Taiwan dollar LME price overview TAIWAN MARKET: Taiwan equity mkt TAIEX <.TWII><.TV.TW> Other indices <0#.inx.tw> TAISDAQ <.TWOII><.TV.TWO> TAIMEX Taiwan index futures <0#tx:> MSCI Taiwan index <.MSTW> SIMEX Taiwan index futures <0#stw:> FTSE TW50 index <.FTSETW50> Keywords: MARKETS TAIWAN STOCKS/
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