KOSPI crashes nearly 10 pct on massive tech sell-offs

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Source: South Korea
Published: 2026-06-23 16:38 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: South Korea, Technology & AI, Economy & Finance, Financial Markets, Business & Economy, Technology
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Snippet:
SEOUL, June 23 (Yonhap) -- South Korean stocks tumbled nearly 10 percent Tuesday as foreign investors dumped major semiconductor shares and other market heavyweights amid profit-taking, tracking overnight losses in U.S. technology stocks. The local currency weakened against the U.S. dollar.
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