Taiwan Shares Close Down 1.62%


Taipei: Taiwan shares ended down 513.62 points, or 1.62 percent, at 31,246.37 Wednesday on turnover of NT$868.9 billion (US$27.45 billion).



According to Focus Taiwan, the decline in the market reflects investor caution amid ongoing global economic uncertainties. The substantial turnover indicates active trading as market participants reacted to both domestic and international factors influencing stock prices.



This downturn in Taiwan’s stock market is part of a broader trend observed in several global markets, where investors remain wary of inflation rates and potential changes in monetary policies. Market analysts suggest that investors may continue to exhibit caution as they navigate these complex economic landscapes.