Taiex Swings Sharply at Start of Week After Friday's Historic Plunge

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By TaiwanPlus

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Taiwan's benchmark Taiex index swung sharply on Monday, opening more than 100 points higher before losing momentum and closing down 0.52%. The volatility follows Friday's largest single-day drop on record. Analysts point to rising oil prices tied to the Iran conflict and concerns over AI valuations after a Chinese AI firm's breakthrough announcement.

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