Taiwan Stocks Fall from Highs, Drop Over 600 Points Intraday, Lose 46,000 Mark
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Amid rising Middle East tensions and a pullback in US stocks, Taiwan's stock market opened lower on June 4 after four consecutive record-high sessions, falling over 600 points intraday and losing the 46,000-point mark. Major weighted stocks like TSMC and MediaTek declined, while heavy electrical equipment stocks bucked the trend. Uni-President Investment Trust believes the long-term AI growth story remains intact and expects the market to trend higher with volatility.