TSMC drops NT$60, Taiwan stocks fall over 1,000 points in early trading, breaking below 46,000

(CNA) Tech stocks weakened, and major U.S. stock indices closed lower on July 1. The Taiwan Stock Exchange index opened lower today, breaking below the 46,000-point mark, reaching a low of 45,981.89 points, down over 1,000 points. "King of Stocks" TSMC dropped NT$60 to NT$2,445.

Other large-cap stocks' early trading performance included Hon Hai down NT$3 to NT$238; MediaTek fell NT$135 at the open, later narrowing its losses to NT$85, trading at NT$4,250; Delta Electronics dropped NT$65 to NT$1,925.

The electronic stocks index fell 2.32%, the financial stocks index fell 0.41%, and the GreTai Securities Market Index, representing small and mid-cap stocks, fell 1.52%. (Editor: Yang Kai-hsiang) 0702

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