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14:45 01Sep09 RTRS-Taiwan stocks at 2-wk closing high;Hon Hai surges * Hon Hai jumps on stronger-than-expected Q2 profit * Worries ease as China fine-tunes protest in Dalai Lama row * Evergreen Marine down after posting losses (Updates quotes; Adds hot stocks, details) TAIPEI, Sept 1 (Reuters) - Taiwan stocks rose 2.84 percent, chalking up their best daily percent gain in over two months to end at a two-week closing high on Tuesday, led by tech heavyweights such as Hon Hai after its solid quarterly earnings. The main share index <.TWII> finished 193.8 points higher at 7,019.75, logging its strongest close since Aug. 14 and best single-day percentage rise since June 24. Turnover was more active at T$139 billion ($4.2 billion) compared with Monday's T$86 billion. Investor concerns were eased after the Chinese government fine-tuned its protest against Taiwan for hosting the Dalai Lama, the Tibetan spiritual leader Beijing brands a separatist. [ID:nTP61651] "Investors bought technology shares under a backdrop of relatively strong profits and increased demand in computing devices," said John Chu, a vice president at Fuh Hwa Securities Investment Trust. "They also felt more comfortable putting money into the market after Chinese stocks firmed today and as they sensed the Chinese government was unwilling to damage fast-improving cross-straits relations." Electronics parts giant Hon Hai <2317.tw> was the most actively traded issue by turnover, going limit up. The electronics sub-index <.TELI> jumped 3.49 percent, outperforming the main board. Hon Hai, the world's largest electronics parts maker, reported a net profit of T$15.03 billion in the April-June period on Monday, beating market expectations, amid improving global demand. [ID:nTP3024] Mediatek <2454.tw>, the second-most active share by turnover, was also limit up after a local newspaper reported that the top chip designer and supplier posted upbeat half-year results and Morgan Stanley raised its target price on Mediatek stocks. Financial shares <.TFNI> closed up 3.22 percent, with the island's top listed financial holding firm, Cathay Financial <2882.tw>, rising 4.13 percent. JPMorgan told Reuters at the China Investment Summit that Chinese banks are expected to seek investment opportunities in Taiwan. [ID:nHKG41061] Evergreen Marine <2603.tw>, the world's fourth-largest container line, fell 1.01 percent after it reported a net loss for the second quarter and in the first half on Monday. [ID:nTPU001635] ---------------------TAIEX IN PERSPECTIVE------------------ Move on day 2.84 pct Close on day 7,019.75 2009 intraday high 7,142.63 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 Jonathan Hopfner) ((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> ($1=32.87 Taiwan Dollar) Keywords: MARKETS TAIWAN STOCKS/
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