Taiwan stocks fall more than 4% in mixed Asian trade with TSMC down 8%

Pedestrians cross a street in front of the Tokyo Stock Exchange, operated by the Japan Stock Exchange Group, in Tokyo, Japan.

Toru Hanai | Bloomberg | Getty Images

Shares in the Asia-Pacific region were mixed on Tuesday, while Taiwan’s benchmark index fell 4.35% to 13106.03 as it returned to trading after a holiday, As investors weigh the impact of new US rules on chip maker TSMC.

Markets in Japan and South Korea also resumed trading after Monday’s holiday. The Nikkei 225 It fell 2.64% to 26401.25 and Topix lost 1.86% to 1871.24. in south korea, Cosby The KOSDAQ fell 1.83% to 2192.07% and the KOSDAQ fell 4.15% to 669.50.

Hong Kong Hang Seng Index It is down 2% in the last hour of trading and Hang Seng Tech is down 3.16%. in Australia , S & P / ASX 200 It gave up earlier gains to close 0.34% lower at 6,645.

Mainland China markets bucked the trend regionally, with Shanghai boat gain 0.19% and Shenzhen Component It rises 0.529%. MSCI’s broadest index of Asia Pacific shares outside Japan fell about 2%.

“Stocks continue to sell as the impact of tight monetary policy scares investors off,” ANZ Research analysts wrote in a note on Tuesday.

Overnight on Wall Street, the Nasdaq Composite closed at its lowest level since July 2020, down 1.04% at 10,542.10, dragged down by a dip in semiconductor stocks.

The S&P 500 also fell 0.75% to 3612.39, while the Dow Jones Industrial Average fell 93.91 points, or 0.32%, to close at 29,202.88.

CNBC’s Carmen Renick and Alex Haring contributed to this report.

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