Taiex Suffers Record Intraday Drop As Tech Rout Spreads

Published

By TaiwanPlus

Taiwan's stock market has recovered slightly after experiencing its biggest ever intraday fall. The benchmark Taiex closed down 3.48% while bellwether TSMC narrowed its losses to 2.96%. The volatile trading day follows major tech-driven downturns in the US, alongside significant hits to markets in South Korea and Japan.