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Seoul Shares Plunge 9% on Middle East Tensions and Profit-Taking
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- Seoul shares plummeted 9% on Monday, with the KOSPI index falling 669.01 points to 6,806.93.
- Investors sold off technology stocks for profit-taking amid renewed Middle East tensions and a weaker Korean won against the U.S. dollar.
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Seoul shares plummeted 9% on Monday, with the KOSPI index falling 669.01 points to 6,806.93. Investors sold off technology stocks for profit-taking amid renewed Middle East tensions and a weaker Korean won against the U.S. dollar.
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This article was originally published by Yonhap News.
