Opened Lower and Trended Down, Falling Below the 44000-Point Mark
Taipei stocks faced heavy selling pressure on November 3, with the weighted index opening lower and trending down, remaining weak intraday and closing sharply lower. The weighted index opened at 44481.59 points, reached an intraday high of 44614.64 points, then selling pressure gradually expanded and the index moved lower throughout the session to an intraday low of 43191.58 points, closing at 43307.54 points, down 1612.60 points on the day, down 3.59%, falling below the 44000-point mark. Market turnover reached 9280.58 hundred million yuan, showing heavy intraday selling pressure, with the overall market opening lower and trending down and still closing in a relatively low range.
7th Largest Single-Day Closing Drop in History
By single-day closing drop, the November 3 decline of 1612.60 points marked the 7th largest single-day closing drop in Taiwan stock history. Looking back at the historical ranking, the top 7 are: July 17, 2026, down 2953.71 points, the largest single-day drop; 2nd, April 7, 2025, down 2065.87 points; 3rd, July 28, 2026, down 2030.83 points; 4th, August 5, 2024, down 1807.21 points; 5th, June 26, 2026, down 1683.59 points; 6th, October 15, 2026, down 1655.96 points; and 7th, November 3, 2026, down 1612.60 points. Overall, today's drop ranks among the top of historical records, with concentrated selling pressure released.
Review of Previous Heavy Sell-Off Records
Further reviewing historical sell-offs, on April 7, 2025 Taiwan stocks were hit by U.S. tariff policy, plunging 2065.87 points in a single day, down about 9.70%, with the weighted index facing a near limit-down situation. Among heavyweight stocks, TSMC opened locked at limit-down and closed down 94 yuan, down 9.98%, its first limit-down since TSMC listing, leaving a deep market impression. Another representative plunge was August 5, 2024, when affected by global market turmoil and other factors, Taiwan stocks fell 1807.21 points in a single day, down about 8.35%, also ranking among the top 4 historical single-day drops, showing the significant impact of international variables and overall selling pressure on the market.