Yonhap News7/2/2026BusinessSouth Korea
Seoul stocks open sharply lower, pare losses on U.S. chip selloff
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- Seoul stocks opened sharply lower Thursday, with the benchmark KOSPI falling nearly 3 percent late morning, pressured by an overnight selloff in U.S. semiconductor stocks.
- The Korea Exchange activated a sell-side sidecar for the KOSPI due to the sharp drop.
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Seoul stocks opened sharply lower Thursday, with the benchmark KOSPI falling nearly 3 percent late morning, pressured by an overnight selloff in U.S. semiconductor stocks. The Korea Exchange activated a sell-side sidecar for the KOSPI due to the sharp drop.
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This article was originally published by Yonhap News.
