Taiwan stocks end 1.32% higher

Special Report:Global Financial Crisis　

HONG KONG, Jan. 7 (Chinese media) -- Taiwan stocks closed

1.32 percent higher on Wednesday, extending the rally to the fifth straight

sessions, according to media reports reaching here Wednesday from Taipei.

The benchmark weighted index opened higher at 4,780.44 and rose 62.58

points, or 1.32 percent, to close at 4,789.84 after trading between intra-day

high 4,817.44 and the day's lowest 4,752.91.

Turnover rose to 96.72 billion New Taiwan dollars (2.94 billion U.S.

dollars) from Tuesday's 81.44 billion New Taiwan dollars (2. 46 billion U.S.

dollars).

Advancing shares led declining issues 1,096 to 459, with 245 stocks

unchanged.