Taipei - Taiwan stocks skyrocketed Thursday, closing 6.74 per cent higher in their biggest percentage rise in 18 years on the bullish outlook over upcoming Chinese investment on the island, dealers said.
The main Taiex stock index advanced 378.51 points to 5,992.57 with foreign institutional investors buying 32.99 billion Taiwan dollars (996 million US dollars) of shares on the hopes of further gains, dealers said.