NewzSeoul shares opened sharply lower on Tuesday, October 13, experiencing significant declines during the trading session. The downturn in the South Korean market was directly driven by preceding losses on U.S. stock exchanges.
In addition to the negative spillover from American markets, the sharp drop in Seoul shares was fueled by growing concerns regarding inflation. The combination of international market pressure and domestic or global inflationary anxieties contributed to the immediate downward movement at the market's open.
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