First reported by Seoul Economic Daily
Breaking News: KOSPI Plunges Over 5%, Triggering Sell-Side Sidecar for 16th Time This Year
Kospi's AI party over? South Korean benchmark tumbles 7%, sell-side sidecar activated
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TOI Business Desk
4h agoen
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timesofindia.indiatimes.comKospi's AI party over? South Korean benchmark tumbles 7%, sell-side sidecar activatedindiatimes.comSouth Korean stocks experienced a significant decline on Tuesday. Investors rushed to secure profits after strong earnings reports were released. Heavyweight technology stocks led the broad sell-off across the market. This sharp reversal followed a period of record highs driven by AI optimism. The market's heavy reliance on a few key companies contributed to the volatility.
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