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وكالة الأنباء القطرية
South Korean stocks fall over 10 percent
South Korean stocks declined by more than 10% due to widespread sell-offs in technology companies and growing doubts about AI investments. The KOSPI index fell to its lowest level since April 14, closing at 5,830.39 points, down 732.09 points (10.84%). Concerns over major tech firms' spending on artificial intelligence fueled tensions, with the Philadelphia Semiconductor Index dropping by 2.2%. This was followed by the activation of the trading halt mechanism in the Korean market.
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