Taipei: Taiwan shares ended down 506.06 points, or 1.81 percent, at 27,397.50 Friday on turnover of NT$588.13 billion (US$18.89 billion).

According to Focus Taiwan, the decline in the stock market marks a significant drop for the day. The turnover reached NT$588.13 billion, equivalent to US$18.89 billion, indicating substantial trading volume despite the decrease in the index.