South Korean shares fell 1.07% on Friday, putting the Kospi on track for a second weekly decline as AI-trade enthusiasm weakened. Chip stocks led losses, while foreign investors remained sellers. Markets also turned cautious ahead of the Federal Reserve’s Jackson Hole symposium, amid concerns over US inflation and interest-rate policy.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.