The TWSE Index dropped 58.56, or 1.1 percent, to 5,323.11.
People are worried about the economy, the efficiency of the government and the outflow of money.
President Investment Corp. Last week the government said unemployment rose to a record 3.89 percent in March, and exports fell 3.5 percent in the first three months of this year. People are worried about the economy, the efficiency of the government and the outflow of money. Investors said a slowing in trading also depressed sentiment. Separately, the company said it again delayed a decision on hiring a bank to manage a share sale until a shareholders meeting in June. Banks fell on concern mergers and acquisitions may be more difficult because of opposition by employees.