Taipei: Taiwan shares ended down 2,953 points, or 6.47 percent, at 42,671.27 Friday on turnover of NT$1.21 trillion (US$37.61 billion).

According to Focus Taiwan, this significant decline reflects concerns among investors and market participants.

The drop in the Taiwan stock market is one of the largest percentage decreases in recent times, causing trading volumes to reach substantial levels as investors reacted to various market factors. The turnover, amounting to NT$1.21 trillion, indicates active trading throughout the day.

Market analysts are closely monitoring the situation, emphasizing that such a decline can have broader implications for the economic landscape in Taiwan. Investors are advised to remain vigilant and consider market trends as they make future investment decisions.