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المواطن
KOSPI drops 10% in sell-off
South Korean stocks dropped sharply, with the KOSPI index falling nearly 10%, losing 910.71 points to close at 8,203.84 points. This decline was driven by a broad selling wave from foreign investors and was influenced by the performance of American tech stocks. As a result of this fall, the Korea Exchange implemented a temporary trading halt for the fourth time this year, as the index dropped more than 8% from the previous session's close, leading to a 20-minute trading suspension.
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