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(URGENT) Seoul shares start sharply lower on tech losses amid Hormuz hopes

Middle East 1 source 1 country 🔦 Under-reported 31m ago

South Korean stocks opened sharply lower on Thursday, August 6, dragged down by losses in the technology sector. The market downturn occurred alongside developments regarding Hormuz hopes, according to reports from Seoul.

The decline reflects localized weakness in the country's tech-heavy equities at the start of the trading session, contrasted against broader geopolitical or economic expectations tied to the Strait of Hormuz context.

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Read the full story at the source Yonhap English (Seoul, South Korea) · KR
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