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KOSPI Falls 1.5 Percent to 6,528 in Early Trade as Oil and Middle East Tension Hit Tech Shares

South Korean stocks fell about 1.5% in early trading, extending last week's decline as higher oil prices and renewed Middle East strikes outweighed gains on Wall Street.
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Asian stock markets are mixed, as investors turn their attention to corporate results, with the tech sector in the spotlight, while the tech sector evolves

Asian markets are priced aimlessly in the face of doubts about technological valuations, the proximity of business results, and the geopolitical uncertainty caused by Trump's announcements about Russia and Ukraine.

Uncertainty in the Strait of Hormuz is once again shaking oil prices. In Asia, stock indices are performing unevenly.

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IBTimes Australia broke the news in New York, United States on Monday, October 12, 2026.
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