Seoul Shares Plunge over 3 Pct on Tech Sell-Off Amid Mideast, Inflation Woes
13 Articles
13 Articles
Asia short-range bags at the start of the week, for the festive closure of Tokyo on the occasion of the Sports Day. (ANSA)
The Economic Times
Times of IndiaGlobal Market: South Korean shares fall nearly 2% as Middle East tensions weigh on sentiment
South Korean shares fell nearly 2% on Monday as renewed Middle East attacks heightened concerns over global energy supplies. Foreign investor selling and losses in chipmakers weighed on the KOSPI, while the won strengthened to its highest level since October 2024.
(Seoul = Yonhap News) Reporter Kim Yu-hyang = The KOSPI, returning from the Hangeul Day holiday, is showing a decline of around 1% in early trading on the 12th. It has been weak for four consecutive trading days through today...
The KOSPI opened lower on the 12th, the first trading day following the Hangeul Day holiday. As of 9:06 AM, the KOSPI index was trading at 6,545.42, down 80.51 points (1.22%) from the previous trading day. Foreign investors are dragging the index down with a net sell of 99.7 billion won. Individual and institutional investors are net buying 38 billion won and 51.8 billion won, respectively. Semiconductor stocks, including SK Hynix and Samsung El…
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