Seoul stocks plunge nearly 4% on AI concerns and France unrest
Briefing by News4U · First published
KOSPI fell 3.73% to 5,552.74 as investors sold chip shares amid AI worries and French protests.
According to Yonhap Business, South Korean shares plunged nearly 4 percent Tuesday, with the KOSPI dropping 215.27 points, or 3.73 percent, to 5,552.74, as investors cashed in gains in major chip shares amid persistent concerns over the AI value chain and escalating protests in France. [1]
Samsung Electronics fell 2.98 percent to 211,500 won, SK hynix declined 4.23 percent to 1.22 million won, and SK Square dipped 5 percent to 741,000 won. The Korean won rose 2.2 won to 1,328.1 won per dollar. [1]
Sources
- (2nd LD) Seoul stocks slide nearly 4 pct on AI jitters, unrest in France
Yonhap Business · · Full text