Taipei:Taiwan's stock market experienced a significant decline on Friday, closing down by 1,156.50 points, which equates to a 2.49% drop. The final index level was recorded at 45,211.83.

According to Focus Taiwan, the turnover for the day reached NT$877.73 billion, equivalent to approximately US$26.96 billion.

This downturn in the market reflects a substantial movement in trading activities, marking a notable day for investors and analysts closely monitoring the financial landscape in Taiwan.