Taipei - Taiwan stocks ended 2.63 per cent higher on strong financial gains on Friday, despite Wall street's overnight fall, dealers said.
The Weighted Price Index of the Taiwan Stock Exchange opened flat as sentiment was dampened by Wall Street's sharp overnight fall, but started picking up by the mid-morning session and continued its upward trend to close at 7,209.04, up 184.46 points or 2.63 per cent.
Dealers said strong gains in the financial sector were one reason for the sharp rise in the local index.