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South Korea’s Kospi Plunges 11.7% In Brutal Week As Tech Rout Wipes Out Gains
- South Korean stocks suffered a punishing week, with the benchmark Kospi plunging 11.71%, or 671.05 points, as a global technology sell-off, heavy foreign investor withdrawals and concerns over artificial intelligence (AI) valuations triggered widespread market losses.
- Kospi ended Nov 6 at 5,059.69, down sharply from the previous week’s closing of 5,730.74, while the tech-heavy Kosdaq […]
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