Taipei - Taiwan stocks shed nearly 4 per cent Tuesday, after across-the-board falls of major Asian stocks and reacting to broader economic concerns.

The TAIEX index fell 233.92 points, or 3.51 per cent, to 6,424.77.

Analysts attributed TAIEX 's dive to the fall of major Asian stocks and investors' continued worries about Taiwan's economic downturn, blamed on the policies of new President Ma Ying-jiou.

Taiwan's cabinet is expected to unveil a package of measures to stimulate the economy on Thursday. (dpa)