Seoul stocks open sharply lower after US tech sell-off

Seoul shares opened sharply lower Monday in the wake of a technology-centered sell-off on Wall Street, as concerns mount over whether heavy investment in artificial intelligence infrastructure can generate sufficient returns. After opening 3.17 percent lower, the benchmark Korea Composite Stock Price Index narrowed losses, trading down 95.95 points, or 1.69 percent, at 5,572.10 as of 9:15 a.m. The KOSPI rose 2.05 percent to close at 5,668.05 on Friday, snapping a seven-session losing streak duri

Source: The Korea Herald