Taiwan Stock Market Fluctuates Down 800 Points Intraday, Finds Temporary Support at 5-Day Moving Average
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The Taiwan stock market experienced an intraday drop of over 800 points due to geopolitical anxiety and profit-taking, but found temporary support at the 5-day moving average, narrowing its decline. MediaTek bucked the trend to hit a new high, while AI-related and memory stocks fell sharply.