Seoul shares sink nearly 6% on tech rout, rising yields
Seoul shares dipped nearly 6 percent Wednesday, led by steep losses in chipmakers, as rising oil prices and global bond yields dampened investor sentiment. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index fell 398.66 points, or 5.8 percent, to close at 6,471
Seoul shares dipped nearly 6 percent Wednesday, led by steep losses in chipmakers, as rising oil prices and global bond yields dampened investor sentiment. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index fell 398.66 points, or 5.8 percent, to close at 6,471
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