The Taiwan stock market has moved lower in four straight sessions, stumbling almost 1,575 points or 9 percent in that span. The Taiwan Stock Exchange now sits just beneath the 20,700-point plateau although it may halt its slide on Tuesday.
The global forecast for the Asian markets is cautiously optimistic, with bargain hunting likely on the menu after heavy selling in the previous sessions. The European markets were down and the U.S. bourses were mostly higher and the Asian markets figure to follow the latter lead.
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