The Taiwan Stock Exchange is anticipated to have a subdued start amidst global economic uncertainties. After a recent four-day decline that saw a drop of nearly 3.6%, the market is hovering just above the 21,960-point mark and is likely to open lower in the upcoming session.

The soft outlook for the Asian markets is influenced by ongoing apprehensions surrounding tariffs and their impact on the global economy. Following the negative trend in European and U.S. markets, Asian bourses are poised to mirror this downward trajectory.

In the previous session, the Taiwan Stock Exchange experienced significant losses, particularly in the plastics and technology sectors, while the financial segment displayed mixed performance. The index closed at 21,961.68, down 1.42% or 316.68 points, after reaching a peak of 22,552.43 during the day.

Key players in the market such as Cathay Financial, Mega Financial, and Taiwan Semiconductor Manufacturing Company saw varied movements. Taiwan Semiconductor Manufacturing Company witnessed a notable decline of 2.33%, while E Sun Financial recorded a gain of 1.72%. Largan Precision was among the notable losers with a substantial drop of 6.62%.

The negative sentiment extended to Wall Street, with major indices posting losses. The Dow, NASDAQ, and S&P 500 all closed lower, driven by concerns over trade policies and tariffs. President Donald Trump’s statements on potential tariff escalations with the European Union added to market jitters.

Economic indicators in the U.S. also contributed to market unease, with flat producer prices in February and a slight decrease in initial jobless claims reported by the Labor Department. Oil prices declined due to oversupply fears and demand uncertainties, with West Texas Intermediate Crude oil futures closing at $66.55 per barrel, down 1.7%.

As global economic conditions remain uncertain, investors are closely monitoring market developments for cues on future trends. The Taiwan Stock Exchange’s performance in the coming sessions will likely be influenced by a combination of domestic factors and external market dynamics, emphasizing the need for caution and strategic decision-making in the current volatile environment.