Seoul, June 26, 2026 (AFP) - South Korea's Kospi plunges more than 8% in new tech rout

NAMPA / AFP

2026-06-26

South Korean stocks collapsed more than eight percent on Friday, sparking a 20 minute halt in trading, amid a fresh rout in tech firms and following a sell-off on Wall Street. The Kospi index sank 8.2 percent to 8,199.81 -- before a 20 minute trading halt was called -- at the end of a rollercoaster week during which it has seen wild swings. The retreat led losses across Asia, fuelled by fresh concerns over the AI boom. dan/abs ...

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