Taiwan shares close down 1.02%
Taiwan's stock market fell Monday, a mild negative for investors after a long run near record highs.
- The main Taipei index dropped about 1%, closing near 44,762.
- Trading was heavy, with turnover close to NT$630 billion (roughly $20 billion).
- The pullback comes with the index still sitting at historically high levels, so it reads as profit-taking rather than a break.
- Taiwan's market is dominated by chipmakers, so its swings track global demand for AI and semiconductors.
Outlook: Expect the index to keep taking its cue from global tech sentiment and chip demand in the days ahead.