February 21, 2014 / 2:15 AM / in 4 years

Taiwan stocks rise; suppliers of Tesla Motors, Apple up

TAIPEI, Feb 21 (Reuters) - Taiwan stocks rose 0.8 percent on
Friday as market sentiment was buoyed by rallies on Wall Street
and regional bourses, with suppliers of Tesla Motors 
rising after the U.S. electric car maker posed
better-than-expected quarterly results 
    Cub Elecparts and BizLink Holding, which
make components for Tesla, were both up more than 2 percent.
Tesla shares ended up 8.4 percent after hitting an intraday
record on Thursday on the Nasdaq.
    Largan Precision, a camera phone lenses supplier
of Apple Inc, surged more than 6 percent.
    The main TAIEX index advanced to 8,595.97 as of 0205
GMT as electronics and financial shares were
both 0.8 percent higher.
    The Taiwan dollar climbed 0.257 percent to stand at
T$30.303 to the U.S. dollar.

 (Reporting by Faith Hung; Editing by Gopakumar Warrier)
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