South Korean stocks opened sharply lower on Thursday, with the KOSPI extending a period of extreme volatility that has characterised trading during the past week. Investors remained cautious amid concerns over global inflation, geopolitical tensions, and profit-taking in technology shares.
Heavy selling in technology stocks
The South Korean market has been particularly sensitive to movements in major semiconductor companies, which account for a large share of the index. Recent weakness in global technology stocks triggered additional selling pressure in Seoul during the opening session.
Middle East tensions add uncertainty
Fresh US military action against Iran and the resulting rise in oil prices contributed to a broader risk-off mood across Asia. Investors reduced exposure to equities as concerns grew over potential disruptions to global trade and energy markets.
Long-term outlook remains positive
Despite the recent correction, South Korea remains one of Asia’s strongest-performing equity markets in 2026, supported by continued demand for AI-related technology and semiconductor products.
Newshub Editorial in Asia – 11 June 2026
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