Taiwan's stock market fell hard on Monday after hawkish Fed comments, and shareholders of parts makers Yageo and Kinsus took the worst of it.

• Yageo and Kinsus both hit the daily 10% drop limit before closing down more than 8.5%, hitting over 710,000 shareholders.
• Local investment funds and foreign investors were the sellers, unloading both stocks more heavily than anything else in their books.
• The wider index dropped as much as 881 points during the day but recovered to close down about 200 points.
• Optical, AI, financial and traditional industry stocks held up and cushioned the fall.
• A big burst of buying at the close, tied to MSCI's quarterly index reshuffle taking effect, lifted the market off its lows.

Outlook: With funds still trimming electronics holdings, tech parts makers look vulnerable to more selling unless the Fed tone softens.