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Illustration of South Korean stock market plunge with falling KOSPI index and panicked traders.
AI:n luoma kuva

South Korean stocks plunge nearly 10 percent on tech sell-off

Raportoinut AI AI:n luoma kuva

The benchmark KOSPI index fell 9.99 percent to close at 8,203.84 on June 23 after foreign investors sold major semiconductor shares amid U.S. tech losses. The Korea Exchange activated a circuit breaker to halt trading for 20 minutes.

Gold prices in Egypt dropped sharply on Tuesday to their lowest level this year amid falling global markets and a stable Egyptian pound.

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Asian markets rebounded cautiously on Wednesday after a tech-led global selloff. The move renewed concerns over the durability of the AI-driven rally.

NSE and Nuvama Wealth Finance filed a civil suit in the Delhi High Court in May 2025 over the erroneous transfer of 5,000 NSE shares to an individual's demat account.

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New Federal Reserve Chair Kevin Warsh has significantly cut back the central bank's communications, especially forward guidance on interest rates. The change aims to reduce market dependence on Fed signals but has already triggered volatility. Analysts say it may push borrowing costs higher for consumers and businesses.

Gold prices fell on Friday, on track for a third straight weekly decline. The drop stems from a firmer U.S. dollar and hawkish signals from the Federal Reserve.

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The Ethiopian Securities Exchange recorded its first weekly equity trading volume above 1 billion birr during the period from June 15 to 19, 2026.

 

 

 

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