Taipei: Taiwan shares ended down 488.54 points, or 1.51 percent, at 31,801.27 Thursday on turnover of NT$690.06 billion (US$21.81 billion).

According to Focus Taiwan, the market experienced a downturn as investors reacted to various global economic factors impacting the stock exchange. The decline was marked by significant trading activity, with a turnover reaching NT$690.06 billion, equivalent to US$21.81 billion.

Such fluctuations are closely watched by market analysts who are keen to understand the underlying causes and potential future movements. The performance of Taiwan shares is often indicative of broader economic trends in the region.