Taiwan stocks closed down 0.67 percent on Monday, pressured by computer makers , with Acer Inc at limit down on broker downgrades after the company forecast worse-than-expected first-quarter sales and a flat second quarter. The main TAIEX index fell 57.33 points at 8,568.22 after opening down 0.26 percent.
Financial shares rose 0.13 percent on an expected rate hike in the central bank meeting on Thursday.
Foreign investors bought a net T$12 billion ($407 million) in Taiwan stocks on Friday, their biggest buying so far this month.