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Seoul Shares Plunge over 3 Pct on Tech Sell-Off Amid Mideast, Inflation Woes

Summary by UPI

Seoul shares plunged more than 3 percent Monday as a massive sell-off in technology stocks fueled by inflation concerns weighed on the market amid elevated oil prices.

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UPI

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Seoul shares plunge over 3 pct on tech sell-off amid Mideast, inflation woes

Seoul shares plunged more than 3 percent Monday as a massive sell-off in technology stocks fueled by inflation concerns weighed on the market amid elevated oil prices.

1 hour ago·Washington, United States

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연합뉴스-Yonhap News Agency

Lean Right

Foreign Investors Net Sell 199 Trillion Won on KOSPI This Year… "Market Concern Is Foreign Investor Supply and Demand" (Roundup)

(Seoul = Yonhap News) Reporter Hwang Cheol-hwan = Despite strong earnings from major domestic companies including Samsung Electronics [005930], the KOSPI continued its downward trend for four consecutive trading days, and...

2 hours ago·Seoul, Korea (the Republic of)

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The Korea Times

Lean Left

KOSPI plunges 3.65% despite Samsung's record earnings

KOSPI slid 3.65 percent Monday, falling below 6,400 as its losing streak stretched to four consecutive sessions. The benchmark index has shed 619.5...

3 hours ago·Seoul, Korea (the Republic of)

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