Seoul shares drop nearly 1%, erasing earlier gains following Nvidia jitters

South Korean stocks fell almost 1 percent Friday as investors turned cautious over the potential impact of the departure of Nvidia CEO Jensen Huang on the artificial intelligence ecosystem. The local currency was trading lower against the US dollar. The benchmark Korea Composite Stock Price Index closed down 52.20 points, or 0.98 percent, at 5,290.53. The index opened 2.05 percent higher and rose as high as 5,504.44 before shifting to negative territory around 12:35 p.m. Trade volume was light a

Source: The Korea Herald