De aandelenmarkt in Seoul daalt met meer dan 3 procent vanwege een grote verkoop van technologie-aandelen. De markt is al vier dagen aan de afgrond en wordt getroffen door zorgen over inflatie en hoge olieprijzen.
Seoul shares plunged more than 3 percent Monday, extending their losing streak to a fourth session, as a massive sell-off in technology stocks fueled by inflation concerns weighed on the market amid elevated oil prices. The Korean won rose against the US dollar. After opening 0.07 percent lower, the benchmark Korea Composite Stock Price Index extended losses to close down 241.69 points, or 3.65 percent, at 6,384.24. Trade volume was moderate at 313 million shares worth 21.33 trillion won ($16 bi