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Seoul shares plummet 5.4 percent on tech losses

Reported by AI Image generated by AI

Seoul shares plummeted 5.4 percent on July 8 as technology stocks extended losses amid investor concerns over the Artificial Intelligence trade.

Seoul stocks opened sharply higher Tuesday, rebounding from Monday's steep losses as technology shares recovered and news emerged of a ceasefire between Iran and Israel.

Reported by AI

South Korean stocks opened at a fresh record high on Monday as investor appetite for tech shares drove gains.

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