Taiwan stocks rose 0.7 percent on the last trading day of 2012, with Fubon Financial in focus on news it will acquire a Chinese bank stake for $1 billion. The main TAIEX index rose 51.09 points to 7,699.50, wrapping up this year with a roughly 9 percent gain and this quarter with a 0.2 percent dip. Fubon, the parent of Taiwan's No 2 life insurer, jumped 2.5 percent, boosting the broader financial sub-index by 0.7 percent.

The Taiwan dollar was little changed to stand at T$29.136 against the US dollar.

Copyright Reuters, 2012