Taipei - Taiwan stocks rose 3.28 per cent Monday to a five-month closing high, bolstered by the technology sector, dealers said.

The main TAIEX share index opened higher and continued its upward trend to close at 5,124.18 points, up 162.56 points, or 3.28 per cent from Friday's trade, a closing level not seen since October 15.

Fuelled by expectation of more export orders for Taiwan Semiconductor Manufacturing Corp and United Microelectronics Corp, two of the world's leading contract chip makers, the technology sub-index rose sharply higher, dealers said.

All eight major sectors rose, with electronics advancing 3.8 per cent to become the day's biggest winner, followed by financials at 3.4 per cent, and petrochemicals with 3.3 per cent. (dpa)