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Seoul Shares Plunge 9% on Middle East Tensions, Tech Stock Sell-off
L'essentiel
- Seoul's stock market experienced a sharp decline of 9% on Monday, with the KOSPI index falling 669.01 points.
- Investors sold off technology stocks due to profit-taking and renewed Middle East tensions, while the Korean won weakened against the U.S. dollar.
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Seoul's stock market experienced a sharp decline of 9% on Monday, with the KOSPI index falling 669.01 points. Investors sold off technology stocks due to profit-taking and renewed Middle East tensions, while the Korean won weakened against the U.S. dollar.
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This article was originally published by Yonhap News.
